LEASEDOffice
SLSCO Leases 8k SF Office Space At Edgewater Plaza Staten Island
1 Edgewater St, Staten Island, NY, 10...
Building Size
8,000 SF
Asset Type
Office
Closing
Aug 11, 2015
AI
An 8,000 square foot lease was signed by SLSCO at Edgewater Plaza, a Class-A office property located on Staten Island.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1 Edgewater St, Staten Island, NY
- Market: Staten Island
- Tenant's Rep: Robert Fitzsimmons (Gateway Arms Realty)
- Landlord's Rep: Richard Madison (Colliers International)
- Tenant: SLSCO
- Landlord: Edgewater Plaza Loft LLC
Gateway Arms Realty's Robert Fitzsimmons represented the tenant, SLSCO, in the lease transaction. On the other side, Colliers International's Richard Madison served as the representative for the landlord, Edgewater Plaza Loft LLC.
Players
Staten Island Office Market Snapshot
Boundary boundary · Office · 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