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:
- 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