Fiverr Leases 9400 Square Feet At 90 Grand St New York With Tenant's Rep Gabe Marans
90 Grand St, New York, NY, 10013
$84
$84/SF
Building Size
9,400 SF
Asset Type
—
Closing
May 2, 2018
AI
This lease transaction involves a property located at 90 Grand St, New York, NY, 10013. The space encompasses a total area of 9,400 square feet and the rent per square foot is set at $84. The transaction is situated within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 90 Grand St, New York, NY, 10013
- Market: New York
- Tenant: Fiverr
- Landlord: Zar Property NY
- Tenant's Representative: Gabe Marans-Savills Studley
- Rent/SF: $84
- Square Feet: 9,400
The key individuals involved in this transaction include Gabe Marans of Savills Studley, who represents the tenant, Fiverr, and Zar Property NY, the landlord in this lease agreement. The transaction showcases the collaboration between these parties in securing the lease for the specified property.
Players
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
188845.24%
Cash-on-Cash
-53972.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93