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14 E 45th St, New York, NY,...

Burford Capital Leases 19516 Square Feet At 14 E 45th St New York From RFR Realty
LEASEDCondo

Burford Capital Leases 19516 Square Feet At 14 E 45th St New York From RFR Realty

14 E 45th St, New York, NY, 10017

Building Size

19,516 SF

Asset Type

Condo

Closing

Jan 23, 2019

AI

The property involved in this lease transaction is located at 14 E 45th St, New York, NY, 10017. The space encompasses 19,516 square feet within the New York market.

Summary of transation details:

This transaction showcases the collaboration between Burford Capital and RFR Realty, with JLL representing the landlord in facilitating the deal. AJ Camhi acted as the broker in this lease agreement.

Players

Alexander Chudnoff

JLL

Broker

$38.2M

vol

19 deals

Broker

New York Condo Market Snapshot

Boundary boundary · Condo · 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