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228 E 45th St, New York, NY...

Government Of The Republic Of Liberia Leases 10000 SF At 228 E 45th St New York
LEASEDOffice

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

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.

Players

Andrew Arvay

Broker

1 deal

Broker
SM
Steinberg & Pokoik ManagementLandlord

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