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
About this deal
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.
On the Map
Office
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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