LEASEDOffice
Swimm Leases Office Space At 200 Park Avenue South In Union Square With LSL Advisors As Brokers
200 Park Avenue South
$92
$92/SF
Building Size
3,489 SF
Asset Type
Office
Closing
Jul 12, 2022
AI
Located at 200 Park Avenue South in Union Square, this office space has been leased by Swimm. The property is owned by ABS Real Estate Partners and the lease deal was facilitated by Raphi Zar, Eric Siegel, and James Caseley of LSL Advisors.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 200 Park Avenue South
- Market: Union Square
Swimm will be occupying a space measuring 2,701 square feet at an asking rent of $92 per square foot.
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
172423.91%
Cash-on-Cash
-49279.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93