Dean Galasso Leases 4000 Square Feet At 43 Essex St New York With Landlord's Rep Max Swerdloff And James Famularo
43 Essex St, New York, NY, 10002
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
AI
The lease transaction involves a property located at 43 Essex St, New York, NY, 10002, totaling 4,000 square feet. The market for this property is New York. The landlord of the property is Dean Galasso.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 43 Essex St, New York, NY, 10002
- Square Feet: 4,000
- Market: New York
- Landlord's Representative: Max Swerdloff, James Famularo - Meridian Capital Group
- Landlord: Dean Galasso
This transaction features Max Swerdloff and James Famularo from Meridian Capital Group representing the landlord in the leasing of the property. Their involvement showcases the professional brokerage support provided for this transaction within the New York market.
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