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

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

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.

Players

Charles Conwell

ABS Partners Real Estate

Broker

5 deals

Broker

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