1095 Avenue of the Americas
1095 6th Avenue
Building Size
12,932 SF
Asset Type
Office
Closing
Jul 14, 2016
AI
The property involved in this lease transaction is located at 1095 Avenue of the Americas, New York. The total leased area is 12,932 square feet. The landlord in this transaction is Callahan Capital Partners.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1095 Avenue of the Americas, New York
- Square Feet: 12,932
- Tenant: DaDong Restaurant
- Landlord: Callahan Capital Partners
- Tenant's Representative: Dennis Karr, Jonathan Krivine - Newmark Grubb Knight Frank
- Landlord's Representative: Mark Kapnick - Lee & Associates
This transaction involved notable individuals representing both the tenant and the landlord. Dennis Karr and Jonathan Krivine from Newmark Grubb Knight Frank represented DaDong Restaurant, while Mark Kapnick from Lee & Associates represented Callahan Capital Partners.
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