88rising Leases 2675 Square Feet At 143 W 20th St New York With Tenant's Rep Matt Held
143 W 20th St, New York, NY, 10011
Building Size
2,675 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 143 W 20th St, New York, NY, 10011. The market for this lease is New York, with a total square footage of 2,675. The involved tenant is 88rising, while the landlord is Michael Marton.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 143 W 20th St, New York, NY, 10011
- Square Feet: 2,675
- Tenant: 88rising
- Landlord: Michael Marton
- Tenant's Representative: Matt Held - SquareFoot
- Landlord's Representatives: Doug Rice, Elissa Groh - Rice & Associates
The transaction involves key individuals and companies such as tenant's representative Matt Held from SquareFoot and landlord's representatives Doug Rice and Elissa Groh from Rice & Associates, facilitating the lease agreement for the specified property.
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