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
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