Updated Oct 29, 2024
Guidepost Solutions Leases 18224 Square Feet At 260 Madison Ave New York From Sapir Organization
260 Madison Ave, New York, NY, 10016
Building Size
18,224 SF
Asset Type
Commercial
Closing
Jan 28, 2020
About this deal
AI
The property involved in the transaction is located at 260 Madison Ave, New York, NY, 10016. The total area of the lease is 18,224 square feet, situated in the New York market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 260 Madison Ave, New York, NY, 10016
- Market: New York
- Square Feet: 18224
- Tenant: Guidepost Solutions
- Landlord: Sapir Organization
- Tenant's Representative: David Stockel (CBRE)
- Landlord's Representative: Brett Shannon (CBRE)
The deal features key representatives, with David Stockel from CBRE representing the tenant, Guidepost Solutions, while Brett Shannon from CBRE represents the landlord, Sapir Organization.
On the Map
Commercial
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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