LEASEDOffice
Naik Consulting Group Leases 15751 Square Feet From Xerox At 111 West 33rd Street
111 West 33rd Street, New York, NY, 1...
Building Size
15,751 SF
Asset Type
Office
Closing
Mar 3, 2020
About this deal
AI
The property asset involved in the transaction is located at 111 West 33rd Street, New York, NY, encompassing a total area of 15,751 square feet. The transaction occurs in the New York market and is identified as a lease agreement. The landlord for this transaction is Xerox.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 111 West 33rd Street, New York, NY
- Market: New York
- Square Feet: 15,751
- Tenant: Naik Consulting Group
- Landlord: Xerox
- Tenant's Representative: Daniel Lolai-LSL Advisors, Eric Siegel-LSL Advisors
- Landlord's Representative: Kristen Morgan-JLL, Matthew Astrachan-JLL
On the Map
Office
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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