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200 Water St, New York, NY,...

Mala Project Leases 1060 Square Feet At 200 Water St New York Represented By Jedd Nero
LEASEDOffice

Mala Project Leases 1060 Square Feet At 200 Water St New York Represented By Jedd Nero

200 Water St, New York, NY, 10038

Building Size

1,060 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 200 Water St, New York, NY, 10038. It encompasses a total area of 1,060 square feet and is categorized within the New York market.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Square Feet: 1,060
  • Tenant: Mala Project
  • Landlord: FCA
  • Tenant's Representative: Jedd Nero - Lee & Associates

The transaction was facilitated by Jedd Nero from Lee & Associates, who represented the tenant, Mala Project, in securing the lease agreement with FCA as the landlord.

Players

Jedd Nero

Broker

8 deals

Broker
Savills
SavillsBrokerage
FCA
FCALandlord

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