ABS Partners Real Estate Leases Office Space Through Tenant's Rep JLL In New York
1001 6th Ave, New York, NY, 10018
Building Size
7,566 SF
Asset Type
Office
Closing
May 23, 2022
AI
The property located at 1001 6th Ave, New York, NY, 10018 is an office asset spanning 7566 square feet. The lease for this office space was finalized on 05/23/2022 in the robust New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant's Rep: Scott Vinett(JLL)
- Landlord: ABS Partners Real Estate
The lease deal was facilitated with Scott Vinett from JLL representing the tenant's interests, while the landlord side was handled by ABS Partners Real Estate, showcasing a professional and well-structured transaction in the New York market.
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