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213 West 35th Street

Healthee Leases Office Space At 213 West 35th Street In Midtown South For 5 Years
LEASEDOffice

Healthee Leases Office Space At 213 West 35th Street In Midtown South For 5 Years

213 West 35th Street

$50

$50/SF

Building Size

7,200 SF

Asset Type

Office

Closing

Jul 1, 2024

AI

The property asset involved in this transaction is located at 213 West 35th Street in the Midtown South market. It is classified as an office asset with a total square footage of 7,200 SF. The asking rent for this space is $50 per square foot. The lease term for this agreement spans over five years under a modified gross lease arrangement.

Summary of transation details:

Nomad Group represented both the Tenant and the Landlord in this transaction. The team specializes in managing and leasing premier commercial real estate in New York City and oversees over 2 million square feet of office space in prime locations. This involvement showcases their commitment to providing personalized tenant representation.

Players

Matthew DeRose
Verified Badge

Matthew DeRose

Nomad Group

Broker

35 deals

Broker

William Janetschek

Nomad Group

Broker

$3.8M

vol

30 deals

Broker

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

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93