Patterns & Dots Leases 4500 Square Feet At 48 W 14th St New York From CB Developers
48 W 14th St, New York, NY, 10011
Building Size
4,500 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is a lease situated at 48 W 14th St, New York, NY, 10011. The market for this property is New York, and it encompasses a total area of 4,500 square feet. The landlord for this leasing agreement is CB Developers.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 48 W 14th St, New York, NY, 10011
- Square Feet: 4500
- Landlord: CB Developers
- Tenant: Patterns & Dots
- Landlord's Representative: Lon Rubackin, CBRE
Patterns & Dots is the tenant in this agreement, leasing the space to operate within. Lon Rubackin from CBRE represents the interests of CB Developers in this transaction.
On the Map
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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