Updated Dec 4, 2024
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
About this deal
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:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 35 Madison St, New York, NY, 10038
- Square Feet: 10,000
- Market: New York
- Tenant: MQS Management
- Landlord: Rudin Management Company
- Tenant's Representatives: Matthew Fisher (Cushman & Wakefield), Conor Golden (Cushman & Wakefield)
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
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