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:
- Property Type: Lease
- Transaction Amount: Not stated
- Address: 381 Park Ave S, New York, NY, 10016
- Market: New York
- Tenant: Ticketchain, LLC
- Landlord: ATCO Properties & Management
- Tenant's Representative: John Walker-ATCO Properties & Management
- Rent/SF: $65
- Square Feet: 1,279
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
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