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1001 6th Ave, New York, NY,...

Updated Oct 29, 2024

The Social Edge Leases 12000 Square Feet At 1001 6th Ave In New York Through Viza Group
LEASEDCommercial

The Social Edge Leases 12000 Square Feet At 1001 6th Ave In New York Through Viza Group

1001 6th Ave, New York, NY, 10018

Building Size

12,000 SF

Asset Type

Commercial

Closing

Oct 13, 2015

About this deal

AI

The property involved in this transaction is located at 1001 6th Ave, New York, NY, 10018. It is situated in the New York market and has a total square footage of 12,000. The landlord for this lease is ABS Partners Real Estate, while the tenant is The Social Edge.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1001 6th Ave, New York, NY, 10018
  • Market: New York
  • Tenant: The Social Edge
  • Landlord: ABS Partners Real Estate
  • Tenant's Representative: Deborah Constable (Viza Group)
  • Square Feet: 12,000

This lease transaction includes key representation by Deborah Constable from Viza Group, who acted as the tenant's representative for The Social Edge. ABS Partners Real Estate serves as the landlord in this agreement, facilitating the lease arrangement for the space occupied by the tenant.

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Players

Deborah Constable

Viza Group

Broker

1 deal

Broker
ABS Real Estate Partners
ABS Real Estate PartnersLandlord
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New York Commercial Market Snapshot

Boundary boundary · Commercial · 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

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