Le Botaniste Signs Lease For Condo Space In Midtown East
666 Third Avenue, New York, NY, USA
Building Size
1,597 SF
Asset Type
—
Closing
Jan 23, 2019
About this deal
AI
Le Botaniste, a tenant, has leased a condo property located at 666 Third Ave. in Midtown East. The landlord for this transaction is TishmanSpeyer. The deal was represented by Brad Schwarz from Lee NYC. The lease transaction took place on 01/24/2019.
Summary of transaction details
- Property Type: Condo
- Transaction Date: 01/24/2019
- Address: 666 Third Ave.
- Market: Midtown East
- Tenant: Le Botaniste
- Landlord: TishmanSpeyer
- Broker: Brad Schwarz - Lee NYC
- Price per Square Foot: $300
- Square Footage: 1,597
This condo lease transaction involved Le Botaniste as the tenant and TishmanSpeyer as the landlord. Brad Schwarz from Lee NYC represented the tenant in the deal.
On the Map
Players
Watervliet CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
Deal FAQ
Browse Watervliet leases on Traded.
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