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
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