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1345 6th Ave, New York, NY,...

U.S. Realty Advisors Leases Office Space At 1345 6th Ave, New York
LEASEDOffice

U.S. Realty Advisors Leases Office Space At 1345 6th Ave, New York

1345 6th Ave, New York, NY, 10105

Building Size

8,200 SF

Asset Type

Office

Closing

Sep 22, 2022

AI

The property asset involved in this transaction is an office space located at 1345 6th Ave, New York, NY, 10105. This office asset encompasses a total area of 8,200 square feet within the New York market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1345 6th Ave, New York, NY, 10105
  • Market: New York
  • Square Feet: 8,200
  • Tenant: U.S. Realty Advisors
  • Landlord: Fisher Brothers
  • Broker: Paul Amrich - CBRE

Key individuals involved in this lease transaction include U.S. Realty Advisors, the tenant occupying the office space, and Fisher Brothers, who is the landlord. The representation in this deal was handled by broker Paul Amrich from CBRE, ensuring a formal process throughout the transaction.

Players

Paul Amrich

CBRE

Broker

37 deals

Broker
Winston Fisher

Winston Fisher

Fisher Brothers

Landlord

$1.6B

vol

18 deals

Landlord
U.S. Realty Advisors
U.S. Realty AdvisorsTenant

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