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208 E 44th St, New York, NY...

FCA Leases 3596 Square Feet At 208 E 44th St New York With Rep Jedd Nero
LEASEDOffice

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

Jeremy Schwartz

Broker

4 deals

Broker
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