Special Olympics Leases 4008 Square Feet At 208 E 44th St From Clarion Partners
208 E 44th St, New York, NY, 10017
Building Size
4,008 SF
Asset Type
Office
Closing
May 16, 2022
About this deal
AI
The property asset involved in this transaction is located at 208 E 44th St, New York, NY, 10017. The tenant, Special Olympics, leased a space measuring 4,008 square feet in the New York market. The landlord for this transaction is Clarion Partners.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 208 E 44th St, New York, NY, 10017
- Market: New York
- Square Feet: 4008
- Tenant: Special Olympics
- Landlord: Clarion Partners
- Tenant's Representative: Jane Roundell - Cresa
The deal involved key representatives, with Jane Roundell from Cresa acting on behalf of the tenant, Special Olympics, during the transaction. Clarion Partners, as the landlord, facilitated the lease agreement for the property.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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