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

NADAP Leases 9276 Square Feet At 103 E 125th St New York With Savanna As Landlord
LEASEDOffice

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

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:

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

Gregory Smith

Broker

10 deals

Broker
KR
KBS Strategic Opportunity REITLandlord

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