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364 W 46th St, New York, NY...

Updated Oct 29, 2024

O'Flatt's LLC Leases 1200 SF Space At 364 W 46th St In New York From Musigny LLC
LEASED

O'Flatt's LLC Leases 1200 SF Space At 364 W 46th St In New York From Musigny LLC

364 W 46th St, New York, NY, 10036

$190

$190/SF

Building Size

1,200 SF

Asset Type

—

Closing

Nov 20, 2023

About this deal

AI

The property located at 364 W 46th St, New York, NY, 10036, is a leased space encompassing 1,200 square feet. It operates within the New York market, with a rent price of $190 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: $228,000
  • Address: 364 W 46th St, New York, NY, 10036
  • Market: New York
  • Tenant: O'Flatt's LLC
  • Landlord: Musigny LLC
  • Tenant's Representative: Marcus Magarian (Oxford Properties Group)

The transaction involves Musigny LLC as the landlord and O'Flatt's LLC as the tenant, with Marcus Magarian from Oxford Properties Group representing the tenant in this lease transaction.

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$190

$190/SF

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Players

Marcus Magarian

Oxford Properties Group

Broker

4 deals

Broker
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New York CRE Market Snapshot

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Deal FAQ

About $190 per square foot on a published $190 for 1,200 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

83489.47%

Cash-on-Cash

-23861.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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