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60 E 42nd St, New York, NY,...

Haver Analytics Leases Office Space At 60 E 42nd St New York From Empire State Realty Trust
LEASED

Haver Analytics Leases Office Space At 60 E 42nd St New York From Empire State Realty Trust

60 E 42nd St, New York, NY, 10165

$72

$72/SF

Building Size

19,073 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 60 E 42nd St, New York, NY, 10165. It features a rental rate of $72 per square foot and encompasses a total area of 19,073 square feet. The market for this lease is New York.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 60 E 42nd St, New York, NY, 10165
  • Market: New York
  • Tenant: Haver Analytics
  • Landlord: Empire State Realty Trust
  • Tenant's Representative: Gary Kerper-Savills Studley
  • Rent/SF: $72
  • Square Feet: 19,073

The key individuals and companies involved in this lease transaction include the landlord, Empire State Realty Trust, and the tenant, Haver Analytics, represented by Gary Kerper of Savills Studley. These parties played significant roles in finalizing the lease agreement.

Players

Gary Kerper

Durst Organization

Broker

4 deals

Broker
Empire State Realty Trust
Empire State Realty TrustBrokerage
Empire State Realty Trust
Empire State Realty TrustLandlord

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

220319.44%

Cash-on-Cash

-62967.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93