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
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