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230 Park Ave, New York, NY,...

Dome Equities Leases 2293 Square Feet At 230 Park Ave New York With RXR Realty As Landlord
LEASEDOffice

Dome Equities Leases 2293 Square Feet At 230 Park Ave New York With RXR Realty As Landlord

230 Park Ave, New York, NY, 10169

Building Size

2,293 SF

Asset Type

Office

Closing

Aug 29, 2021

AI

The property involved in the transaction is located at 230 Park Ave, New York, NY, 10169. It consists of 2,293 square feet and falls within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Provided
  • Address: 230 Park Ave, New York, NY, 10169
  • Tenant: Dome Equities
  • Landlord: RXR Realty
  • Tenant's Representative: Garett Varricchio-Cushman & Wakefield

The transaction involves key representatives in the real estate sector, with Garett Varricchio from Cushman & Wakefield acting as the representative for the tenant, Dome Equities, while RXR Realty serves as the landlord in this lease agreement.

Players

Garett Varricchio

Cushman & Wakefield

Broker

$19.1M

vol

5 deals

Broker
RXR Realty
RXR RealtyLandlord

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