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
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