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
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