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2 West 54 Street, New Yor...

Josef Buchman Leases 2 West 54 Street Office Space In New York
LEASEDOffice

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

Laura Pomerantz

Cushman & Wakefield

Broker

4 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93