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
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