Kensico Properties Leases 2467 Square Feet To Tenant Represented By Harley Dalton In New York
28 E 53rd St, New York, NY, 10022
Building Size
2,467 SF
Asset Type
Industrial
Closing
Nov 20, 2023
AI
The property involved in this lease transaction is located at 28 E 53rd St, New York, NY, 10022. It encompasses a total area of 2,467 square feet and falls within the New York market. The landlord associated with this transaction is Kensico Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 28 E 53rd St, New York, NY, 10022
- Square Feet: 2,467
- Landlord: Kensico Properties
- Tenant's Representative: Harley Dalton-JLL
The deal features a representation by Harley Dalton from JLL acting on behalf of the tenant. The transaction reflects the dynamics of the current leasing market in New York.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · 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