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253 W 72nd St, New York, NY...

Bright Horizons Family Solutions Leases 10000 Square Feet At 253 W 72nd St New York
LEASEDMultiFamily

Bright Horizons Family Solutions Leases 10000 Square Feet At 253 W 72nd St New York

253 W 72nd St, New York, NY, 10023

Building Size

10,000 SF

Asset Type

MultiFamily

Closing

Sep 27, 2016

AI

The property involved in this transaction is located at 253 W 72nd St, New York, NY, 10023. It spans a total of 10,000 square feet and is situated in the New York market. The landlord for this property is the Brodsky Organization, with lease details facilitating the occupation of the premises by the tenant, Bright Horizons Family Solutions.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 253 W 72nd St, New York, NY, 10023
  • Square Feet: 10,000
  • Market: New York
  • Landlord: Brodsky Organization
  • Tenant: Bright Horizons Family Solutions
  • Landlord's Rep: Charles Rapuano, Winick Realty Group

Key individuals involved in this transaction include the landlord, Brodsky Organization, and the tenant, Bright Horizons Family Solutions. The representative for the landlord is Charles Rapuano from Winick Realty Group, who facilitated this lease agreement in the New York market.

Players

Michael Hoffman

EXP Realty

Broker

$3M

vol

2 deals

Broker
BO
Brodsky OrganizationLandlord
BS
Bright Horizons Family SolutionsTenant

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