Stradley Ronon Stevens & Young Lease 9620 Sq Ft Office At 100 Park Ave, NYC
100 Park Ave, New York, NY, 10017
Building Size
9,620 SF
Asset Type
Office
Closing
Dec 22, 2015
About this deal
AI
The property asset involved in this transaction is located at 100 Park Ave, New York, NY, 10017. It is an office space with a total area of 9,620 square feet, situated in the New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 100 Park Ave, New York, NY, 10017
- Market: New York
- Square Feet: 9,620
- Tenant: Stradley Ronon Stevens & Young
- Landlord: SL Green Realty Corp.
- Tenant's Representative: Remy Liebersohn
- Landlord's Representative: Matthias Li-Cushman & Wakefield
This transaction involved key individuals such as Remy Liebersohn, representing Stradley Ronon Stevens & Young, and Matthias Li-Cushman & Wakefield, representing SL Green Realty Corp. Their roles were crucial in facilitating the lease agreement for this office space.
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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