Satori Laser Leases 1500 Square Feet At 332 E 86th St New York With FCA As Landlord
332 E 86th St, New York, NY, 10028
Building Size
1,500 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 332 E 86th St, New York, NY, 10028. It spans 1,500 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 332 E 86th St, New York, NY, 10028
- Square Feet: 1,500
- Tenant: Satori Laser
- Landlord: FCA
- Tenant's Representative: James Famularo - Meridian Capital Group
- Landlord's Representative: Joshua Smith
The transaction includes Satori Laser as the tenant, indicating their involvement in the leasing process. The landlord, FCA, is represented by Joshua Smith, while the tenant is represented by James Famularo from Meridian Capital Group.
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