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10 E 33rd St, New York, NY,...

PTO5 Leases 2378 Square Feet At 10 E 33rd St New York From Adw 33rd Street
LEASEDOffice

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

Jeremy Modest

Ripco

Broker

7 deals

Broker

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