Industrious Leases 14,484 Square Feet At 215 Park Ave S From SL Green Realty Corp
215 Park Ave S, New York, NY, 10003
$70
$70/SF
Building Size
14,484 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 215 Park Ave S, New York, NY, 10003. It is a leased space with a total of 14,484 square feet in the New York market. The rent for this property is $70 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 215 Park Ave S, New York, NY, 10003
- Market: New York
- Tenant: Industrious
- Landlord: SL Green Realty Corp.
- Tenant's Representative: Alice Fair (CBRE)
- Rent/SF: $70
- Square Feet: 14,484
Alice Fair from CBRE represented the tenant, Industrious, in this lease transaction with the landlord, SL Green Realty Corp. The details provided indicate the involvement of these key individuals and their respective roles in this deal.
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93