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

LEASEDOffice

Alchemy Properties Leases 3250 SF Office Space In New York To Tenant

208 E 44th St, New York, NY, 10017

Building Size

3,250 SF

Asset Type

Office

Closing

Apr 4, 2017

AI

The leased property located at 208 E 44th St, New York, NY, 10017, is an office space spanning 3,250 square feet. The landlord, Alchemy Properties, finalized the lease transaction on 04/04/2017. Tenant's representatives Larry Link and Michael Greenberg facilitated the deal on behalf of the tenant.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Market: New York
  • Tenant's Rep: Larry Link, Michael Greenberg
  • Landlord: Alchemy Properties
  • Square Feet: 3250

The tenant, represented by Larry Link and Michael Greenberg, secured the lease for the office space at 208 E 44th St, New York. Alchemy Properties, the landlord, successfully leased out the 3,250 square feet property in New York's market. This deal highlights the collaboration between the tenant's representatives and the landlord in the bustling New York real estate sector.

Players

Larry Link

Broker

$19M

vol

6 deals

Broker
AP
Alchemy PropertiesLandlord

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