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
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