NADAP Leases 9276 Square Feet At 103 E 125th St New York With Savanna As Landlord
103 E 125th St, New York, NY, 10035
Building Size
9,276 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property involved in this lease transaction is located at 103 E 125th St, New York, NY, 10035, within the New York market. The leased space encompasses 9,276 square feet. The landlord for this transaction is Savanna.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 103 E 125th St, New York, NY, 10035
- Square Feet: 9276
- Tenant: NADAP
- Tenant's Representative: Alex Lubin (Norman Bobrow & Company), Alexander Lubinand (Norman Bobrow & Company)
- Landlord's Representative: Gregory Smith
The transaction features key representatives in the deal. Alex Lubin and Alexander Lubinand from Norman Bobrow & Company represented the tenant, NADAP, while Gregory Smith represented the landlord, Savanna.
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