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
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