America Press Leases 14802 Square Feet At 1212 6th Ave New York From Stawski Partners
1212 6th Ave, New York, NY, 10036
Building Size
14,802 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property involved in the transaction is located at 1212 6th Ave, New York, NY, 10036. It encompasses a total area of 14,802 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not disclosed
- Landlord: Stawski Partners
- Tenant: America Press
- Landlord's Representative: Derrick Ades - CBRE
This lease transaction highlights the collaboration between Stawski Partners as the landlord and America Press as the tenant. Derrick Ades from CBRE represents Stawski Partners in this deal, facilitating the leasing arrangement between the two parties.
On the Map
Office
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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