LEASEDOffice
Capital One Leases 52000 Square Feet At 11 W 19th St New York From Block Buildings L.L.C
11 W 19th St, New York, NY, 10011
Building Size
52,000 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The lease transaction involves a 52,000 square feet property located at 11 W 19th St, New York, NY, 10011 within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Capital One
- Landlord: Block Buildings L.L.C
- Tenant's Representative: Dale Schlather-Cushman & Wakefield
This transaction represents the leasing agreement negotiated between Capital One as the tenant and Block Buildings L.L.C as the landlord, facilitated by the broker representative Dale Schlather from Cushman & Wakefield.
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