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29 W 30th St, New York, NY,...

Wealth-X, LLC Leases 3000 Square Feet At 29 W 30th St, New York With Tenant's Reps Christopher Cortese, James Rittman, Jason Lundy
LEASED

Wealth-X, LLC Leases 3000 Square Feet At 29 W 30th St, New York With Tenant's Reps Christopher Cortese, James Rittman, Jason Lundy

29 W 30th St, New York, NY, 10001

Building Size

3,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property is located at 29 W 30th St, New York, NY, 10001, situated in the New York market. It encompasses a total area of 3,000 square feet. The landlord of this property is Wealth-X, LLC.

Summary of transation details:

The transaction involves multiple representatives for the tenant, including Christopher Cortese, James Rittman, and Jason Lundy, indicating a collaborative effort in securing this lease. Eric Ferriello acted as the broker for this transaction.

Players

Jason Lundy

JLL

Broker

$1.3B

vol

23 deals

Broker

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