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103 E 125th St, New York, N...

Carver Federal Savings Bank Leases 20000 Sq Ft At 103 E 125th St New York From Savanna
LEASEDOffice

Carver Federal Savings Bank Leases 20000 Sq Ft At 103 E 125th St New York From Savanna

103 E 125th St, New York, NY, 10035

Building Size

20,000 SF

Asset Type

Office

Closing

Mar 15, 2018

AI

The property is located at 103 E 125th St, New York, NY, 10035, encompassing a total space of 20,000 square feet in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Tenant's Representative: Eric Yarbro
  • Tenant: Carver Federal Savings Bank
  • Landlord: Savanna

This transaction involves key parties including Eric Yarbro, who represents the tenant, Carver Federal Savings Bank, while Savanna acts as the landlord in this lease agreement.

Players

Eric Yarbro

Broker

$5.9M

vol

4 deals

Broker
KR
KBS Strategic Opportunity REITLandlord
CB
Carver Federal Savings BankTenant

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