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315 W 39th St, New York, NY...

Handler Real Estate Organization Leases 6000 Square Feet At 315 W 39th St New York
LEASED

Handler Real Estate Organization Leases 6000 Square Feet At 315 W 39th St New York

315 W 39th St, New York, NY, 10018

Building Size

6,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this closed transaction is located at 315 W 39th St, New York, NY, 10018, comprising 6000 square feet. The lease is set in the New York market and involves Handler Real Estate Organization as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 315 W 39th St, New York, NY, 10018
  • Square Feet: 6000
  • Landlord: Handler Real Estate Organization
  • Landlord's Representative: Darell Handler, Helen Kim-Handler Real Estate Organization

This transaction involved key representatives from the Handler Real Estate Organization, with Darell Handler and Helen Kim serving as the landlord's representatives in the deal. Distinct roles were played in facilitating the lease agreement for the specified property.

Players

Darell Handler

Handler Real Estate Services

Broker

$28M

vol

12 deals

Broker
Handler Real Estate Organization
Handler Real Estate OrganizationLandlord

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