JLA Homes Leases 13,966 SF Office Space At 20 West 33rd Street In Manhattan
20 West 33rd Street
Building Size
13,966 SF
Asset Type
Office
Closing
Nov 2, 2026
About this deal
AI
The property asset is located at 20 West 33rd Street in Manhattan. This office space encompasses a total square footage of 13,966 and is subject to a modified gross lease with an asking rent of $50 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $698,300
- Address: 20 West 33rd Street
- Market: Manhattan
- Landlord: JLA Homes
- Landlord's Representative: Thomas Capuano, Elena Ivanova & Christopher Okada - Okada & Company
- Tenant's Representative: Raymond Balassiano & Daniel Lolai - LSL Advisors
Key individuals involved in the transaction include Thomas Capuano, Elena Ivanova, and Christopher Okada representing the landlord, while Raymond Balassiano and Daniel Lolai represent the tenant in this leasing agreement.
On the Map
Office
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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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93