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
About this deal
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