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35 Madison St, New York, NY...

MQS Management Leases 10000 Square Feet At 35 Madison St New York With Rudin Management Company
LEASEDMultiFamily

MQS Management Leases 10000 Square Feet At 35 Madison St New York With Rudin Management Company

35 Madison St, New York, NY, 10038

$82

$82/SF

Building Size

10,000 SF

Asset Type

MultiFamily

Closing

Aug 2, 2017

AI

The property involved in this transaction is located at 35 Madison St, New York, NY, 10038. It occupies a total area of 10,000 square feet and has a rent price of $82 per square foot. The market for this property is New York.

Summary of transaction details:

The deal features tenant representatives Matthew Fisher and Conor Golden, who are both affiliated with Cushman & Wakefield, facilitating the transaction for MQS Management. The landlord for this lease transaction is Rudin Management Company.

Players

Conor Golden

Cushman & Wakefield

Broker

1 deal

Broker
Rudin Management Company
Rudin Management CompanyBrokerage
Rudin Management Company
Rudin Management CompanyLandlord

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

193451.22%

Cash-on-Cash

-55288.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93