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19 Union Square W, New York...

19 Union Square W
LEASEDOffice

19 Union Square W

19 Union Square W, New York, NY, 10...

$80

$80/SF

Building Size

18,600 SF

Asset Type

Office

Closing

May 15, 2018

AI

The property involved in the lease transaction is located at 19 Union Square W, New York, NY. It consists of 18,600 square feet of space. The rent is priced at $80 per square foot, situated in the competitive New York market.

Summary of transaction details:

This lease transaction highlights the collaboration between the tenant, Updater, and landlord, Walford Company, facilitated by their respective representatives. Justin Myers and Dennis Someck from Lee & Associates represented the tenant, while Charles Conwell and James Caseley from ABS Partners Real Estate represented the landlord.

Players

Dennis Someck

Lee & Associates

Broker

26 deals

Broker

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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93