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
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.
Players
New York Commercial Market Snapshot
Boundary boundary · Commercial · Lease transactions
Loading comparables…
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