U.S. Council For International Business Leases 7552 Square Feet At 1212 6th Ave New York
1212 6th Ave, New York, NY, 10036
Building Size
7,552 SF
Asset Type
Office
Closing
Dec 28, 2018
AI
The property involved in this transaction is located at 1212 6th Ave, New York, NY, 10036, within the New York market. It encompasses a total of 7,552 square feet. The landlord of the property is Stawski Partners.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1212 6th Ave, New York, NY, 10036
- Market: New York
- Landlord's Representative: Edward Goldman - CBRE
- Tenant: U.S. Council for International Business
- Landlord: Stawski Partners
- Square Feet: 7552
This transaction involved Edward Goldman of CBRE representing Stawski Partners as the landlord in the lease agreement with U.S. Council for International Business, the tenant acquiring the space.
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