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114 5th Ave, New York, NY, ...

Tube Mogul Leases 19300 Square Feet At 114 5th Ave New York From First Look Media
LEASEDOffice

Tube Mogul Leases 19300 Square Feet At 114 5th Ave New York From First Look Media

114 5th Ave, New York, NY, 10011

Building Size

19,300 SF

Asset Type

Office

Closing

Jun 23, 2015

AI

Tube Mogul signed a 19,300 SF sublease at 114 5th Ave, New York, NY, 10011. The market involved is New York, and the landlord for this transaction is First Look Media.

Summary of transaction details:

The lease transaction involved multiple representatives working on behalf of Tube Mogul and First Look Media. Eric Cagner, Gregory Wang, and Jonathan Tomasco represented the tenant, while the landlord was represented by Ken Ruderman, Chris Brandt, and Gary Stein, all from Savills.

Players

Eric Cagner

Newmark

Broker

27 deals

Broker
FM
First Look MediaLandlord

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