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180 Maiden Ln, New York, NY...

MHP Real Estate Services Leases 30810 Square Feet At 180 Maiden Ln To National Debt Relief
LEASEDOffice

MHP Real Estate Services Leases 30810 Square Feet At 180 Maiden Ln To National Debt Relief

180 Maiden Ln, New York, NY, 10038

Building Size

30,810 SF

Asset Type

Office

Closing

Jul 27, 2018

AI

The property leased is located at 180 Maiden Ln, New York, NY, 10038, within the New York market. The space encompasses a total of 30,810 square feet, leased by National Debt Relief, with the transaction facilitated by MHP Real Estate Services representing the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 180 Maiden Ln, New York, NY, 10038
  • Market: New York
  • Landlord: MHP Real Estate Services
  • Landlord's Representative: James Tamborlane - MHP Real Estate Services
  • Tenant: National Debt Relief
  • Square Feet: 30,810

This transaction highlights the involvement of key representatives in the leasing process, particularly James Tamborlane, who played a significant role in representing MHP Real Estate Services in the deal with National Debt Relief.

Players

James Tamborlane

MHP Real Estate Services

Broker

$197.3M

vol

8 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
MHP Real Estate Services
MHP Real Estate ServicesLandlord

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