Knotel Leases 5320 Square Feet At 16 W 36th St New York From Windsor Management
16 W 36th St, New York, NY, 10018
Building Size
5,320 SF
Asset Type
Office
Closing
Aug 5, 2019
AI
The property asset involved in this transaction is located at 16 W 36th St, New York, NY, 10018, within the New York market. The total area of the leased property is 5,320 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Knotel
- Tenant's Representative: Elie Reiss - Skylight Leasing
- Landlord: Windsor Management
This lease transaction involved Knotel as the tenant, with Elie Reiss from Skylight Leasing representing their interests. Windsor Management acted as the landlord in this agreement, facilitating the leasing of the 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