Birddogs Leases Office Space At 15-17 West 18th Street In New York City
15-17 West 18th Street
$47
$47/SF
Building Size
5,312 SF
Asset Type
Office
Closing
Jan 3, 2023
About this deal
AI
The office space at 15-17 West 18th Street in New York City has been leased. The property, owned by First Flatiron, has a total of 5,312 square feet available. The tenant, Birddogs, will be occupying this space. The leasing transaction was facilitated by brokers Max Mond and Aron Schreier from Cushman & Wakefield. The asking rent for the office space was $47 per square foot.
Summary of transation details
- Property Type: Office
- Transaction Amount: Leased
- Address: 15-17 West 18th Street, New York City
- Tenant: Birddogs
- Landlord: First Flatiron
- Brokers: Max Mond & Aron Schreier - Cushman & Wakefield
- Asking Rent: $47 per square foot
- Square Footage: 5,312 square feet
This transaction represents a successful lease agreement between parties involved. Birddogs will now have a new office space at 15-17 West 18th Street, thanks to the efforts of Max Mond and Aron Schreier from Cushman & Wakefield. The terms of the lease, including the rental rate, were negotiated and agreed upon by both the tenant and the landlord, First Flatiron.
On the Map
$47
$47/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
337510.64%
Cash-on-Cash
-96461.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93