Thor Equities Leases 15000 Square Feet At 280 Saint Nicholas Ave New York For $150/SF
280 Saint Nicholas Ave, New York, NY...
$150
$150/SF
Building Size
15,000 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property asset involved in this transaction is situated at 280 Saint Nicholas Ave, New York, NY. It is a lease in the New York market with a rental rate of $150 per square foot. The total square footage of the property is 15,000 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 280 Saint Nicholas Ave, New York, NY
- Market: New York
- Landlord: Thor Equities
- Landlord's Representative: Michael Worthman (Thor Equities)
- Rent/SF: $150
- Square Feet: 15,000
The deal features landlord Thor Equities represented by Michael Worthman, who played a key role in facilitating the transaction. Further details on the tenant have not been specified in this transaction.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
Deal FAQ
Visit Michael Worthman to view all their deals.
Browse New York leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93