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12 E 49th St, New York, NY,...

Updated Oct 29, 2024

DBV Technologies, Inc. Leases 3780 Square Feet At 12 E 49th St New York From Kato International
LEASEDOffice

DBV Technologies, Inc. Leases 3780 Square Feet At 12 E 49th St New York From Kato International

12 E 49th St, New York, NY, 10017

Building Size

3,780 SF

Asset Type

Office

Closing

Nov 19, 2023

About this deal

AI

The property asset involved in the transaction is located at 12 E 49th St, New York, NY, 10017, within the New York market. It features a total square footage of 3,780. The lease agreement indicates a partnership between the landlord, Kato International, and the tenant, DBV Technologies, Inc.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 12 E 49th St, New York, NY, 10017
  • Market: New York
  • Square Feet: 3780
  • Tenant: DBV Technologies, Inc.
  • Landlord: Kato International
  • Tenant's Representative: Charles Conwell - ABS Partners Real Estate

This transaction involves key individuals and companies, specifically Charles Conwell representing the tenant, DBV Technologies, Inc. His role as a representative facilitated the deal with Kato International as the landlord of the property.

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Players

Charles Conwell

ABS Partners Real Estate

Broker

5 deals

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New York Office Market Snapshot

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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

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