Trinity Boxing Club Leases 4500 Square Feet At 20 Vesey St New York From Castega Realty Associates
20 Vesey St, New York, NY, 10007
Building Size
4,500 SF
Asset Type
Office
Closing
Mar 22, 2022
AI
The lease transaction involves a property located at 20 Vesey St, New York, NY, 10007, within the New York market. The leased space encompasses 4500 square feet, catering to the Trinity Boxing Club as the tenant and facilitated by Castega Realty Associates as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 20 Vesey St, New York, NY, 10007
- Market: New York
- Tenant: Trinity Boxing Club
- Landlord: Castega Realty Associates
- Tenant's Representative: Joshua Berger (Newmark)
The deal's key players include Joshua Berger from Newmark, representing the tenant, Trinity Boxing Club, while Castega Realty Associates acts as the landlord in 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