facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

101 Park Ave, New York, NY,...

American Kennel Club Leases 60000 Square Feet At 101 Park Ave New York From H.J. Kalikow & Co
LEASEDOffice

American Kennel Club Leases 60000 Square Feet At 101 Park Ave New York From H.J. Kalikow & Co

101 Park Ave, New York, NY, 10178

Building Size

60,000 SF

Asset Type

Office

Closing

Aug 9, 2017

AI

The property involved in the transaction is located at 101 Park Ave, New York, NY, 10178, within the New York market. The asset encompasses a total area of 60,000 square feet, offering substantial space suitable for various functions.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 101 Park Ave, New York, NY, 10178
  • Market: New York
  • Tenant: American Kennel Club
  • Landlord: H.J. Kalikow & Co
  • Tenant's Representative: Christopher Corrinet (CBRE)

This lease transaction involved key participants including the American Kennel Club as the tenant and H.J. Kalikow & Co as the landlord. Christopher Corrinet of CBRE represented the tenant during this deal, facilitating the lease agreement.

Players

Stephen Siegel

CBRE

Broker

$85M

vol

9 deals

Broker

H.J. Kalikow

H.J. Kalikow & Co

Landlord

2 deals

Landlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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