Camino PR Leases Office Space At 10 East 23rd Street In New York City
10 East 23rd Street
$55
$55/SF
Building Size
3,472 SF
Asset Type
Office
Closing
Mar 1, 2023
AI
The office property located at 10 East 23rd Street in New York City has been leased. This transaction involved Camino PR as the tenant and was facilitated by the landlord's representative, Daniel Rodriguez Sains from Buchbinder & Warren. The tenant was represented by Jon Kamali and Jeremy Kamali from J3K Real Estate. The lease terms included an asking rent of $55 per square foot for a total of 3,472 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Tenant: Camino PR
- Landlord's Rep: Daniel Rodriguez Sains - Buchbinder & Warren
- Tenant's Rep: Jon Kamali & Jeremy Kamali - J3K Real Estate
- Asking Rent: $55/ft
- Square Footage: 3,472
This lease deal was successfully brokered by Jon Kamali and Jeremy Kamali from J3K Real Estate, who represented the tenant, Camino PR. Daniel Rodriguez Sains from Buchbinder & Warren acted as the landlord's representative. The office space at 10 East 23rd Street in New York City was leased at an asking rent of $55 per square foot.
Players
Market 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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93