WE Communications Leases 19355 Square Feet At 16 E 34th St New York From Wohio Holding
16 E 34th St, New York, NY, 10016
Building Size
19,355 SF
Asset Type
Office
Closing
Mar 13, 2020
About this deal
AI
The property asset involved is located at 16 E 34th St, New York, NY, 10016, comprising a total square footage of 19,355. The market for this asset is New York, with Wohio Holding as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 16 E 34th St, New York, NY, 10016
- Market: New York
- Landlord: Wohio Holding
- Tenant: WE Communications
- Landlord's Representatives: Lauren Davidson - Transwestern, Chase Gordon - Avison Young
In this transaction, WE Communications is the tenant, occupying a significant space within the property. The deal involves notable representation from Lauren Davidson of Transwestern and Chase Gordon of Avison Young, who have facilitated the lease agreement.
On the Map
Office
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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