LEASEDOffice
ELK REALTY LLC Leases 6000 Square Feet At 20 W 22nd St New York With Tenant's Rep Jeffrey Sharon
20 W 22nd St, New York, NY, 10010
Building Size
6,000 SF
Asset Type
Office
Closing
Nov 10, 2015
AI
The property asset involved is located at 20 W 22nd St, New York, NY 10010, within the New York market. This lease transaction encompasses 6000 square feet of space.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Index Exchange
- Landlord: ELK REALTY LLC
- Tenant's Representative: Jeffrey Sharon - CBRE
This transaction highlights the involvement of Jeffrey Sharon from CBRE, who represented the tenant, Index Exchange, in securing the lease for the specified property.
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