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1 W 33rd St, New York, NY, ...

Vanguard Construction & Development Co. Leases 15,150 SF From Yahoo At 1 W 33rd St
LEASEDOffice

Vanguard Construction & Development Co. Leases 15,150 SF From Yahoo At 1 W 33rd St

1 W 33rd St, New York, NY, 10118

$41

$41/SF

Building Size

15,150 SF

Asset Type

Office

Closing

Aug 31, 2017

AI

The property involved in this lease transaction is located at 1 W 33rd St, New York, NY, 10118. It occupies a total area of 15,150 square feet, and the agreed rent is $41 per square foot. The transaction takes place in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: $620,150
  • Address: 1 W 33rd St, New York, NY, 10118
  • Tenant: Vanguard Construction & Development Co.
  • Landlord: Yahoo
  • Tenant's Representative: Howard Rosenblum
  • Square Feet: 15,150
  • Rent/SF: $41

This lease agreement involves Vanguard Construction & Development Co. as the tenant and Yahoo as the landlord. Howard Rosenblum represents Vanguard Construction & Development Co. in the transaction, facilitating the lease arrangement between the parties involved.

Players

Howard Rosenblum

Broker

$18.7M

vol

3 deals

Broker
Colliers
ColliersBrokerage
JLL
JLLBrokerage
VC
Vanguard Construction & Development Co.Tenant

New York 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

386902.44%

Cash-on-Cash

-110577.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93