FCA Leases 3596 Square Feet At 208 E 44th St New York With Rep Jedd Nero
208 E 44th St, New York, NY, 10017
Building Size
3,596 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The leased property is located at 208 E 44th St, New York, NY, 10017, within the New York market. The square footage of the property is 3,596 square feet. The landlord of the property is FCA.
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: 3,596
- Landlord's Representative: Jedd Nero - Lee & Associates, Jeremy Schwartz
- Landlord: FCA
The transaction involved key representatives, including Jedd Nero and Jeremy Schwartz, serving as the landlord's representatives in this lease agreement. Their collaboration facilitated the arrangement between the involved parties.
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