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100 W 33rd St

ProMed Staffing Resources Leases Office Space At 100 West 33rd Street In Manhattan
LEASEDOffice

ProMed Staffing Resources Leases Office Space At 100 West 33rd Street In Manhattan

100 W 33rd St

$45

$45/SF

Building Size

17,128 SF

Asset Type

Office

Closing

Dec 18, 2023

AI

The office building located at 100 West 33rd Street in Manhattan has been leased in a modified gross lease transaction. The lease covers a total space of 17,128 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease

The Interpublic Group Of Companies Inc. is the landlord for this transaction. The tenant is ProMed Staffing Resources. Representing the landlord are Shannon Rzeznikiewicz and Chat Stacy from JLL, while Daniel Lolai, Wayne Siegel, Joseph Friedman, and Eric Siegel from LSL Advisors represent the tenant.

Players

Daniel Lolai

LSL Advisors

Broker

$211.9M

vol

92 deals

Broker

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

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93