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1001 6th Ave, New York, NY,...

ABS Partners Real Estate Leases Office Space Through Tenant's Rep JLL In New York
LEASEDOffice

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

Scott Vinett

Savills

Broker

8 deals

Broker
ABS Real Estate Partners
ABS Real Estate PartnersLandlord

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