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1566 3rd Ave, New York, NY,...

Bluemercury Leases 3000 Square Feet At 1566 3rd Ave New York From Thor Equities
LEASEDMultiFamily

Bluemercury Leases 3000 Square Feet At 1566 3rd Ave New York From Thor Equities

1566 3rd Ave, New York, NY, 10128

Building Size

3,000 SF

Asset Type

MultiFamily

Closing

Aug 4, 2015

AI

The property involved in this transaction is located at 1566 3rd Ave, New York, NY, 10128. It is situated in the New York market and comprises 3000 square feet. The tenant involved in the lease is Bluemercury, while the landlord is Thor Equities.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Bluemercury
  • Landlord: Thor Equities
  • Tenant's Representative: John Auber
  • Square Feet: 3000
  • Address: 1566 3rd Ave, New York, NY, 10128
  • Market: New York

John Auber represents Bluemercury in this leasing transaction. The transaction reflects the continued interest and activity within the New York commercial real estate market, facilitated by Thor Equities as the landlord. The collaboration with Auber highlights the professional engagement in navigating lease agreements in a competitive environment.

Players

Tess Jacoby

RUE Realty

Broker

4 deals

Broker
Thor Equities
Thor EquitiesLandlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · 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