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200 Madison Ave, New York, ...

Surdna Foundation Leases 12641 Square Feet At 200 Madison Ave New York From Jamestown
LEASEDOffice

Surdna Foundation Leases 12641 Square Feet At 200 Madison Ave New York From Jamestown

200 Madison Ave, New York, NY, 10016

Building Size

12,641 SF

Asset Type

Office

Closing

May 18, 2017

AI

The lease transaction involves a property located at 200 Madison Ave, New York, NY, 10016. This property spans 12,641 square feet and is situated in the New York market. The landlord of the property is Jamestown, and the tenant involved in the lease is Surdna Foundation.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 200 Madison Ave, New York, NY, 10016
  • Market: New York
  • Square Feet: 12,641
  • Tenant: Surdna Foundation
  • Landlord: Jamestown
  • Tenant's Representatives: Christine Colley (Cushman & Wakefield), David Hoffman (Cushman & Wakefield)

The representatives for the tenant, Christine Colley and David Hoffman, are both affiliated with Cushman & Wakefield, indicating a professional role in facilitating the lease agreement for the Surdna Foundation with the landlord, Jamestown.

Players

David Hoffman

Cushman & Wakefield

Broker

7 deals

Broker
Jamestown
JamestownLandlord

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