Lamb 79 & 2 Leases 6030 Square Feet At 1523 2nd Ave New York With ABS Partners Real Estate
1523 2nd Ave, New York, NY, 10075
Building Size
6,030 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property asset involved is located at 1523 2nd Ave, New York, NY, 10075, with a total area of 6,030 square feet. The market for this asset is New York, and it is associated with the landlord, Lamb 79 & 2.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1523 2nd Ave, New York, NY, 10075
- Market: New York
- Square Feet: 6,030
- Landlord's Representatives: Keith Lipstein - ABS Partners Real Estate, Mark Tergersen - ABS Partners Real Estate
- Tenant: Not specified
- Landlord: Lamb 79 & 2
The key individuals involved in this transaction include the landlord's representatives, Keith Lipstein and Mark Tergersen, both associated with ABS Partners Real Estate. Their roles were instrumental in facilitating the lease for the property.
On the Map
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
Deal FAQ
Browse New York leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93