facebook

traded

+ Submit
Home

/

Deals

/

New York

/

All

/

Lease

/

286 5th Ave, New York, NY, ...

America Works Of New York Inc Leases 5000 Square Feet At 286 5th Ave New York
LEASED

America Works Of New York Inc Leases 5000 Square Feet At 286 5th Ave New York

286 5th Ave, New York, NY, 10001

Building Size

5,000 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this lease transaction is located at 286 5th Ave, New York, NY, 10001, within the New York market. It encompasses a total area of 5,000 square feet. The landlord for this transaction is 286 Fifth Realty Corp, while the tenant is America Works of New York, Inc.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 286 5th Ave, New York, NY, 10001
  • Market: New York
  • Square Feet: 5000
  • Tenant: America Works of New York, Inc
  • Landlord: 286 Fifth Realty Corp
  • Tenant's Representative: Joe McLaughlin-Capstone Realty Advisors
  • Landlord's Representative: Joseph Mangiacotti-CBRE

Joe McLaughlin from Capstone Realty Advisors represents America Works of New York, Inc in this lease transaction. Joseph Mangiacotti from CBRE acts as the representative for the landlord, 286 Fifth Realty Corp, facilitating the negotiation and agreement between both parties involved in the lease.

Players

Joe McLaughlin

Capstone Realty Advisors

Broker

4 deals

Broker
2C
286 Fifth Realty CorpLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

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