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10 W 33rd St New York, NY 1...

Lynco Products Signs Lease Agreement For 3,099 Sq Ft Office Space In New York
LEASEDOffice

Lynco Products Signs Lease Agreement For 3,099 Sq Ft Office Space In New York

10 W 33rd St New York, NY 10001, USA

$49

$49/SF

Building Size

3,099 SF

Asset Type

Office

Closing

Jun 5, 2023

AI

Lynco Products has signed a lease agreement with Adams & Company for a 7-year and 9-month term at 10 West 33rd Street in New York. The 3,099 square foot office space was secured at an asking rent of $49 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Date: 06/05/2023
  • Address: 10 West 33rd Street
  • Market: New York
  • Landlord: Adams & Company - David Levy
  • Tenant: Lynco Products
  • Asking Rent: $49/ft.
  • SF: 3,099
  • Lease Terms: 7-year & 9-month

The lease agreement was facilitated by David Levy of Adams & Company, who represented the landlord. Lynco Products, the tenant, secured the 3,099 square foot office space in New York at 10 West 33rd Street for a term of 7 years and 9 months. The office space was leased at an asking rent of $49 per square foot.

Players

David Levy

Adams & Company

Landlord

$131.3M

vol

15 deals

Landlord

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

323734.69%

Cash-on-Cash

-92524.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93