Turner Trade School Leases 8300 SF From Feil Organization At 145 W 30th St New York
145 W 30th St, New York, NY, 10001
$49
$49/SF
Building Size
8,300 SF
Asset Type
Commercial
Closing
Apr 3, 2017
AI
The property involved in this transaction is located at 145 W 30th St, New York, NY, 10001. It encompasses a total of 8,300 square feet and is situated in the New York market. The rent per square foot is set at $49.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Turner Trade School
- Landlord: Feil Organization
- Tenant's Representative: Joshua Berger
This deal features Joshua Berger acting as the representative for the tenant, Turner Trade School, while the landlord, Feil Organization, manages the property leasing process. The transaction showcases the collaboration between these entities within the New York market.
Players
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
323734.69%
Cash-on-Cash
-92524.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93