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125 Park Ave, New York, NY,...

Canon Solutions America Signs Lease With SL Green Realty Corp At 125 Park Ave New York
LEASEDOffice

Canon Solutions America Signs Lease With SL Green Realty Corp At 125 Park Ave New York

125 Park Ave, New York, NY, 10017

Building Size

33,766 SF

Asset Type

Office

Closing

Jul 19, 2018

AI

The lease transaction involves a property located at 125 Park Ave, New York, NY, 10017, within the New York market. The total square footage of the property is 33,766. The landlord in this transaction is SL Green Realty Corp.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 125 Park Ave, New York, NY, 10017
  • Market: New York
  • Square Feet: 33,766
  • Tenant: Canon Solutions America
  • Landlord: SL Green Realty Corp.
  • Landlord's Representative: Howard Tenenbaum - SL Green
  • Broker 1: Gary Rosenberg - Rosenberg Realty
  • Broker 2: Gary M. Rosen - SL Green Realty Corp.

Key individuals in this transaction include Howard Tenenbaum representing SL Green Realty Corp as the landlord's representative. The brokers involved are Gary Rosenberg of Rosenberg Realty and Gary M. Rosen of SL Green Realty Corp, contributing their expertise in facilitating this lease deal.

Players

Gary M. Rosen

SL Green

Broker

7 deals

Broker
SL Green
SL GreenLandlord

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