Josef Buchman Leases 2 West 54 Street Office Space In New York
2 West 54 Street, New York, NY, 10019
Building Size
14,000 SF
Asset Type
Office
Closing
Mar 21, 2022
AI
The office located at 2 West 54 Street, New York, NY, 10019, spanning 14,000 square feet, was leased in New York. The landlord, Josef Buchman, was represented by Laura Pomerantz of Cushman & Wakefield in this transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Landlord: Josef Buchman
- Square Feet: 14,000
- Market: New York
- Landlord's Representative: Laura Pomerantz (Cushman & Wakefield)
The deal involved Laura Pomerantz of Cushman & Wakefield representing the landlord, Josef Buchman. The office space, with its prime location in New York, was successfully leased as part of this transaction.
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