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35 Madison St, New York, NY...

Rudin Management Company Leases 4794 Square Feet At 35 Madison St New York To Tenant's Rep Jordan Donohue
LEASEDMultiFamily

Rudin Management Company Leases 4794 Square Feet At 35 Madison St New York To Tenant's Rep Jordan Donohue

35 Madison St, New York, NY, 10038

Building Size

4,794 SF

Asset Type

MultiFamily

Closing

Nov 2, 2022

AI

The property asset involved in the transaction is located at 35 Madison St, New York, NY, 10038. This property is situated in a prominent market area and has a total square footage of 4,794. The landlord for this property is Rudin Management Company.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Specified
  • Address: 35 Madison St, New York, NY, 10038
  • Market: New York
  • Square Feet: 4,794
  • Tenant's Representative: Jordan Donohue-CBRE
  • Landlord: Rudin Management Company

This transaction features key individuals and firms, including the tenant’s representative, Jordan Donohue from CBRE, who played a role in facilitating the lease negotiations between the tenant and the landlord, Rudin Management Company.

Players

Jordan Donohue

CBRE

Broker

2 deals

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93