Wendel North America Leases 8402 Square Feet At 101 Park Ave New York From H.J. Kalikow & Co
101 Park Ave, New York, NY, 10017
Building Size
8,402 SF
Asset Type
Office
Closing
Jan 28, 2022
AI
The property involved in this transaction is located at 101 Park Ave, New York, NY, 10017, within the New York market. The leased space encompasses a total of 8,402 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 101 Park Ave, New York, NY, 10017
- Market: New York
- Tenant: Wendel North America
- Landlord: H.J. Kalikow & Co
- Square Feet: 8,402
- Tenant's Representative: Jonathan Plotkin, Colliers International
Key individuals in this transaction include Jonathan Plotkin, who represented Wendel North America as their tenant's representative. The landlord, H.J. Kalikow & Co, is responsible for the property leasing arrangement.
Players
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