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.
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