facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Commercial

/

Lease

/

530 5th Ave, New York, NY, ...

Thor Equities Leases 34300 Square Feet At 530 5th Ave New York With Brokers Savills
LEASEDCommercial

Thor Equities Leases 34300 Square Feet At 530 5th Ave New York With Brokers Savills

530 5th Ave, New York, NY, 10036

Building Size

34,300 SF

Asset Type

Commercial

Closing

Aug 3, 2017

AI

The property involved in this lease transaction is located at 530 5th Ave, New York, NY, 10036, within the New York market. It encompasses a total of 34,300 square feet of commercial space.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 530 5th Ave, New York, NY, 10036
  • Market: New York
  • Tenant's Representative: Lawson Martin & James Travers - Cresa Los Angeles
  • Brokers: Michael Bertini - Savills
  • Landlord: Thor Equities
  • Square Feet: 34,300

The key individuals and companies involved in this transaction include Lawson Martin and James Travers representing the tenant, while Michael Bertini serves as the broker for the deal. The landlord of the property is Thor Equities, indicating the various parties participating in this lease transaction.

Players

Michael Bertini

Savills

Broker

6 deals

Broker
Thor Equities
Thor EquitiesLandlord

New York Commercial Market Snapshot

Boundary boundary · Commercial · Lease transactions

Loading comparables…

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