Updated Dec 4, 2024
Target Leases 22600 Square Feet At 201 E 69th St New York From TF Cornerstone
201 E 69th St, New York, NY, 10021
Building Size
22,600 SF
Asset Type
Commercial
Closing
Apr 3, 2018
About this deal
AI
The property involved in this transaction is located at 201 E 69th St, New York, NY, 10021. It is situated in the New York market and encompasses a total of 22,600 square feet. The landlord for this lease transaction is TF Cornerstone.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not provided
- Address: 201 E 69th St, New York, NY, 10021
- Market: New York
- Landlord: TF Cornerstone
- Tenant: Target
- Landlord's Representative: Christian Stanton (Cushman & Wakefield)
- Square Feet: 22,600
In this lease transaction, Christian Stanton from Cushman & Wakefield represents the landlord, TF Cornerstone. The tenant involved in this deal is Target, adding a key player to this commercial leasing scenario.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93