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180 Maiden Ln, New York, NY...

Connex International Leases 5000 SF Office Space From MHP Real Estate In New York
LEASEDOffice

Connex International Leases 5000 SF Office Space From MHP Real Estate In New York

180 Maiden Ln, New York, NY, 10038

$56

$56/SF

Building Size

5,000 SF

Asset Type

Office

Closing

Jul 13, 2017

AI

The property at 180 Maiden Ln, New York, NY, 10038, is an office asset with a lease signed on July 13, 2017. The landlord, MHP Real Estate Services, leased 5,000 square feet of space to the tenant, Connex International, at a rate of $56 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 180 Maiden Ln, New York, NY, 10038
  • Market: New York
  • Landlord: MHP Real Estate Services
  • Tenant: Connex International
  • Rent per Square Foot: $56
  • Square Feet: 5,000
  • Brokers: Michael Joseph (Colliers International), Rick Doolittle (Colliers International)

Michael Joseph and Rick Doolittle from Colliers International represented the tenant, Connex International, in the leasing transaction at 180 Maiden Ln. The landlord's representative in this deal was MHP Real Estate Services.

Players

Rick Doolittle

Colliers

Broker

5 deals

Broker
MHP Real Estate Services
MHP Real Estate ServicesBrokerage
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

283267.86%

Cash-on-Cash

-80958.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93