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.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93