Fournos Theophilos Leases 5200 Square Feet At 45 W 45th St From Vanbarton Group
45 W 45th St, New York, NY, 10036
Building Size
5,200 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 45 W 45th St, New York, NY, 10036. It consists of 5,200 square feet. This lease transaction is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 45 W 45th St, New York, NY, 10036
- Market: New York
- Square Feet: 5,200
- Tenant: Fournos Theophilos
- Landlord: Vanbarton Group
- Tenant's Representative: Leo Likas, CRRP (Blackwell Intl. CRE)
The deal includes key representatives such as Leo Likas, representing the tenant Fournos Theophilos, while the landlord is represented by Vanbarton Group. All parties have engaged in this lease transaction focusing on the specified location and square footage.
On the Map
Players
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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