Updated Dec 4, 2024
Choxi Leases 10400 Square Feet At 381 Park Ave S With Kimberly Krueger As Tenant's Rep
381 Park Ave S, New York, NY, 10016
Building Size
10,400 SF
Asset Type
MultiFamily
Closing
Sep 29, 2015
About this deal
AI
381 Park Ave S is a commercial leasing property located in New York, NY 10016. The property encompasses a total area of 10,400 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 381 Park Ave S, New York, NY 10016
- Market: New York
- Tenant: Choxi
- Landlord: ATCO Properties
- Tenant's Representative: Kimberly Krueger (Titan Living NYC)
- Landlord's Representative: John Lord (in-house at ATCO Properties)
Choxi, previously known as NoMoreRack.com, signed a lease agreement represented by Kimberly Krueger from Titan Living NYC. ATCO Properties had John Lord representing the landlord side of the transaction in-house.
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