FCA Leases 1000 Square Feet At 174 Delancey St In New York With Rep Max Swerdloff
174 Delancey St FRNT, New York, NY...
Building Size
1,000 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
AI
The property involved in the transaction is located at 174 Delancey St FRNT, New York, NY. It encompasses a total area of 1000 square feet. This asset is situated in the competitive New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 174 Delancey St FRNT, New York, NY
- Market: New York
- Square Feet: 1000
- Landlord: FCA
- Landlord's Representative: Max Swerdloff, James Famularo - Meridian Capital Group
Key individuals in this lease transaction include the landlord, FCA, and their representatives, Max Swerdloff and James Famularo, who are affiliated with Meridian Capital Group. Their involvement highlights the brokerage's role in the lease process for this property in New York.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · 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