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130 W 29th St, New York, NY...

Colliers International Leases 4000 Square Feet At 130 W 29th St, New York
LEASEDOffice

Colliers International Leases 4000 Square Feet At 130 W 29th St, New York

130 W 29th St, New York, NY, 10001

Building Size

4,000 SF

Asset Type

Office

Closing

Jun 1, 2016

AI

The property involved in this transaction is located at 130 W 29th St, New York, NY, 10001, within the New York market. The asset has a total area of 4000 square feet and is represented by Colliers International as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 4000
  • Address: 130 W 29th St, New York, NY, 10001
  • Market: New York
  • Landlord’s Representative: Eric Meyer
  • Landlord: Colliers International
  • Tenant: Not specified

Key individuals in this deal include Eric Meyer from Colliers International, representing the landlord, Colliers International. The tenant's details were not provided.

Players

Eric Meyer

Meyer Equities

Broker

$131M

vol

4 deals

Broker
Colliers
ColliersLandlord

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