Updated Nov 28, 2024
Tempus Labs Leases 22700 Square Feet At 230 Park Ave New York From RXR Realty
230 Park Ave, New York, NY, 10169
Building Size
22,700 SF
Asset Type
Commercial
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 230 Park Ave, New York, NY, 10169. The asset encompasses a total of 22,700 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not provided
- Address: 230 Park Ave, New York, NY, 10169
- Market: New York
- Tenant: Tempus Labs
- Landlord: RXR Realty
- Brokers: Alice Fair (CBRE), Jared Isaacson (CBRE)
The transaction includes participation from two brokers, Alice Fair and Jared Isaacson, both representing CBRE in the lease agreement. The tenant in this transaction is Tempus Labs, while the landlord is RXR Realty.
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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