Clampart Leases Office Space At 146 West 29th Street In Chelsea
146 West 29th Street, New York City, New York 10001, United States
Building Size
750 SF
Asset Type
Office
Closing
Sep 14, 2022
About this deal
AI
Clampart, an office tenant, has leased Unit 4RE at 146 West 29th Street in Chelsea, Manhattan. The lease transaction was facilitated by Alec Namdar of Meridian Retail Leasing, who represented both the landlord and the tenant. The office space, measuring approximately 750 square feet, was rented at an asking rent of $38 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Date: 09/15/2022
- Address: 146 West 29th Street, Unit 4RE
- Market: Chelsea
In this transaction, Alec Namdar served as the broker for Clampart and represented both parties. If you are a property owner with vacant commercial space in Manhattan, you can contact Alec Namdar for leasing assistance at [email protected] or 212.468.5915.
Players
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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