Amen Clinics Leases 7500 Square Feet At 228 E 45th St New York From Beckrose Estates
228 E 45th St, New York, NY, 10017
Building Size
7,500 SF
Asset Type
Office
Closing
Jan 13, 2022
AI
The property involved in this lease transaction is located at 228 E 45th St, New York, NY, 10017, within the New York market. The leased space encompasses a total area of 7,500 square feet and is associated with the landlord, Beckrose Estates.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 7500
- Address: 228 E 45th St, New York, NY, 10017
- Tenant: Amen Clinics
- Landlord: Beckrose Estates
- Tenant's Representative: Daniel Hassett, Summit RE Partners
- Landlord's Representatives: Brett Weiss, NAI Capital; Dana Moskowitz, Resolution Real Estate Partners
This deal involved key participants including Daniel Hassett representing Amen Clinics while Brett Weiss and Dana Moskowitz represented Beckrose Estates in the transaction. Their roles facilitated the arrangement leading to the lease of the specified property.
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