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115 West 45th Street, New Y...

Nami Beauty Inc. Leases Office Space In Times Square Building
LEASEDOffice

Nami Beauty Inc. Leases Office Space In Times Square Building

115 West 45th Street, New York City, New York 10036, United States

Building Size

2,350 SF

Asset Type

Office

Closing

Mar 13, 2022

AI

An office space located at 115 W. 45th St. in Times Square has been leased. The property, with a total square footage of 2,350, was leased by Nami Beauty Inc. The lease was facilitated by Eithan Davidov from the Real NY Commercial Team at Real New York.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 115 W. 45th St.
  • Market: Times Square
  • Tenant: Nami Beauty Inc.
  • Tenant's Rep: Eithan Davidov - Real NY Commercial Team - Real New York
  • Asking Rent: $35/ft.
  • Square Footage: 2,350

The lease transaction was facilitated by Eithan Davidov from the Real NY Commercial Team at Real New York. The property is owned by Windsor Management Corp., represented by Matthew Kiamie and Phillip Kiamie.

Players

Eithan Davidov

Broker

1 deal

Broker
WC
Windsor Management Corp.Landlord

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