Acadia Realty Trust Leases 451 Square Feet To Tenant With Representation By Leo Likas In New York
828 7th Ave, New York, NY, 10019
Building Size
451 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 828 7th Ave, New York, NY, 10019. The space available for lease encompasses a total of 451 square feet, situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 828 7th Ave, New York, NY, 10019
- Square Feet: 451
- Tenant's Representative: Leo Likas, CRRP (Blackwell Intl. CRE)
- Landlord: Acadia Realty Trust
The deal involves key representatives, with Leo Likas acting as the tenant's representative from Blackwell International Commercial Real Estate. Acadia Realty Trust serves as the landlord, facilitating the leasing process for the described property asset.
On the Map
Players
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Boundary boundary · CRE · Lease transactions
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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