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2020 Madison Ave, New York,...

Updated Oct 29, 2024

Dr Tia Dole Leases 1000 SF Space At 2020 Madison Ave, New York
LEASED

Dr Tia Dole Leases 1000 SF Space At 2020 Madison Ave, New York

2020 Madison Ave, New York, NY, 10035

Building Size

1,000 SF

Asset Type

—

Closing

Nov 22, 2023

About this deal

AI

The property at 2020 Madison Ave, New York, NY, 10035, has been leased for $30 per square foot. The lease encompasses 1,000 square feet in total and involves Dr. Tia Dole as the tenant. The landlord, Madison 2020 Realty LLC, facilitated this transaction. Zev Goldin, representing Oxford Property Group, acted as the landlord's representative.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not Applicable
  • Market: New York
  • Landlord's Rep: Zev Goldin (Oxford Property Group)
  • Tenant: Dr. Tia Dole
  • Landlord: Madison 2020 Realty LLC
  • Rent/SF: $30
  • Square Feet: 1,000

The leasing transaction at 2020 Madison Ave, New York, NY, 10035, was successfully completed with Dr. Tia Dole securing the space. Zev Goldin, representing Oxford Property Group, played a crucial role as the landlord's representative in this deal.

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Players

Zev Goldin

Oxford Property Group

Broker

1 deal

Broker

Madison

Sunrise Associates

Landlord

$206.6M

vol

6 deals

Landlord
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Deal FAQ

About $30 per square foot for 1,000 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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