Moab Capital Partners Leases Space From Carnegie Hall Tower II L.L.C. Represented By James Seo
152 W 57th St, New York, NY, 10019
Building Size
4,331 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this lease transaction is located at 152 W 57th St, New York, NY, 10019. The lease covers a space of 4,331 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Tenant: Moab Capital Partners
- Landlord: Carnegie Hall Tower II L.L.C.
- Tenant's Representative: James Seo-Hanley Advisors
Key individuals involved in this deal include Moab Capital Partners as the tenant, represented by James Seo-Hanley Advisors. Carnegie Hall Tower II L.L.C. acts as the landlord in this transaction.
On the Map
Office
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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