Government Of The Republic Of Liberia Leases 10000 SF At 228 E 45th St New York
228 E 45th St, New York, NY, 10017
$65
$65/SF
Building Size
10,000 SF
Asset Type
Office
Closing
Feb 14, 2017
About this deal
AI
The property asset involved in this transaction is located at 228 E 45th St, New York, NY, 10017. It comprises 10,000 square feet of space. The rental price is set at $65 per square foot, positioning it within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 228 E 45th St, New York, NY, 10017
- Market: New York
- Tenant: Government of the Republic of Liberia
- Landlord: Steinberg & Pokoik Management
- Tenant's Representatives: Andrew Arvay, Gil Robinov (MHP Real Estate Services)
This transaction highlights key representatives involved in the deal, specifically Andrew Arvay and Gil Robinov from MHP Real Estate Services, who represented the tenant, the Government of the Republic of Liberia, throughout the leasing process. The landlord in this transaction is Steinberg & Pokoik Management.
On the Map
$65
$65/SF
Office
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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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93