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201 E 69th St, New York, NY...

Updated Dec 4, 2024

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Target Leases 22600 Square Feet At 201 E 69th St New York From TF Cornerstone
LEASEDCommercial

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:

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

Christian Stanton

Cushman & Wakefield

Broker

7 deals

Broker
TF Cornerstone
TF CornerstoneLender
TF Cornerstone
TF CornerstoneLandlord

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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