PTO5 Leases 2378 Square Feet At 10 E 33rd St New York From Adw 33rd Street
10 E 33rd St, New York, NY, 10016
Building Size
2,378 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 10 E 33rd St, New York, NY, 10016, within the New York market. It encompasses a total of 2,378 square feet.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 10 E 33rd St, New York, NY, 10016
- Market: New York
- Square Feet: 2,378
- Landlord: Adw 33rd Street
- Tenant: PTO5
- Landlord's Representative: Lindsay Zegans & Jeremy Modest - Ripco
The deal involves the landlord Adw 33rd Street and the tenant PTO5, with representation from Lindsay Zegans and Jeremy Modest of Ripco, who are acting on behalf of the landlord in this transaction.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93