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19 W 44th St, New York, NY,...

Deka Immobilien Leases 2975 Sq Ft Space At 19 W 44th St, New York
LEASED

Deka Immobilien Leases 2975 Sq Ft Space At 19 W 44th St, New York

19 W 44th St, New York, NY, 10036

Building Size

2,975 SF

Asset Type

Closing

Nov 22, 2023

AI

The property at 19 W 44th St, New York, NY, 10036, boasts a total square footage of 2975. The landlord, Deka Immobilien, entrusted the leasing process to their representative, William Korchak from JLL. Situated in the vibrant market of New York, this commercial space offers a prime location for potential tenants.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Not Applicable
  • Landlord: Deka Immobilien
  • Landlord's Representative: William Korchak (JLL)
  • Square Feet: 2975
  • Market: New York

The leasing of the property at 19 W 44th St in New York was facilitated by William Korchak of JLL, representing Deka Immobilien. This agreement highlights the collaboration between the landlord's representative and the commercial tenant, showcasing a successful transaction in the competitive New York market.

Players

William Korchak

JLL

Broker

9 deals

Broker
DI
Deka ImmobilienLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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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