Health Management Associates Relocates Office To 1155 Avenue Of The Americas In New York
1155 Avenue of the Americas, New York, NY 10036
$77
$77/SF
Building Size
7,217 SF
Asset Type
Office
Closing
Jul 12, 2023
AI
The Durst Organization has leased out a new space in New York at 1155 Avenue of the Americas to Health Management Associates (HMA), a company relocating from 1133 Avenue of the Americas. The office space is owned by The Durst Organization, making it a smooth transition for HMA.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not provided
- Address: 1155 Avenue of the Americas, New York
- Market: New York
Joseph Armano from Armano Real Estate represented HMA in this leasing transaction. The specific leasing details, such as the asking rent and square footage, were not disclosed. However, this deal highlights the ongoing efforts of The Durst Organization to attract and accommodate corporate tenants in their properties.
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
206012.99%
Cash-on-Cash
-58879.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93