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10 East 23rd Street

Camino PR Leases Office Space At 10 East 23rd Street In New York City
LEASEDOffice

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

Jon Kamali

J3K Real Estate

Broker

$139.3M

vol

31 deals

Broker

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