Oden Technologies Renews Lease At 10 West 18th Street, Flatiron District
10 West 18th Street
Building Size
3,000 SF
Asset Type
Office
Closing
Jun 13, 2024
AI
The property involved in the lease transaction is a 3,000-square-foot office space located at 10 West 18th Street in Manhattan's Flatiron District. The office space was leased by Oden Technologies, a software firm, with The Moinian Group serving as the landlord of the property. The landlord's representative, Gabriel Whitman from Moinian Group, facilitated the lease deal.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 10 West 18th Street
- Market: Flatiron District
- Tenant: Oden Technologies
- Landlord: The Moinian Group
- Tenant's Representative: Colliers
- Landlord's Representative: Gabriel Whitman - Moinian Group
Oden Technologies, a software firm, renewed its lease for a 3,000-square-foot office space at 10 West 18th Street in Manhattan's Flatiron District. The lease transaction was facilitated by Colliers, representing the tenant, while Gabriel Whitman from The Moinian Group acted as the landlord's representative.
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