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200 W 126th St, New York, N...

New York French American Charter School Leases 13500 Square Feet At 200 W 126th St New York
LEASEDCommercial

New York French American Charter School Leases 13500 Square Feet At 200 W 126th St New York

200 W 126th St, New York, NY, 10027

Building Size

13,500 SF

Asset Type

Commercial

Closing

Apr 15, 2022

AI

The property asset involved in this transaction is located at 200 W 126th St, New York, NY, 10027. This lease transaction encompasses a total area of 13,500 square feet and is positioned within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 200 W 126th St, New York, NY, 10027
  • Market: New York
  • Tenant: New York French American Charter School
  • Landlord: Jem Realty Management
  • Tenant's Representatives: Brett Zelner, Dawn Chartoff
  • Landlord's Representative: Jordan Donohue (CBRE)
  • Square Feet: 13,500

The deal involves representatives for both the tenant and landlord, highlighting the roles of Brett Zelner and Dawn Chartoff as the tenant's representatives and Jordan Donohue of CBRE representing the landlord, Jem Realty Management. This collaboration facilitated the lease arrangements for the New York French American Charter School.

Players

Jordan Donohue

CBRE

Broker

2 deals

Broker
JR
Jem RealtyLandlord

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