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381 Park Ave S, New York, N...

Ticketchain LLC Leases Office Space At 381 Park Ave S New York Through John Walker's Representation
LEASED

Ticketchain LLC Leases Office Space At 381 Park Ave S New York Through John Walker's Representation

381 Park Ave S, New York, NY, 10016

$65

$65/SF

Building Size

1,279 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this lease transaction is located at 381 Park Ave S, New York, NY, 10016. The market for this property is New York. The tenant for this lease is Ticketchain, LLC, and the square footage of the space is 1,279 square feet. The rent is set at $65 per square foot.

Summary of transaction details:

John Walker of ATCO Properties & Management represents the tenant, Ticketchain, LLC, in this lease deal. The landlord, ATCO Properties & Management, is directly involved in this transaction, facilitating the lease agreement.

Players

John Walker

ATCO Properties & Management

Broker

2 deals

Broker
ATCO Properties & Management
ATCO Properties & ManagementLandlord

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93