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231 W 39th St, New York, NY...

Lili Global Apparel Leases 1100 Square Feet At 231 W 39th St New York
LEASEDOffice

Lili Global Apparel Leases 1100 Square Feet At 231 W 39th St New York

231 W 39th St, New York, NY, 10018

Building Size

1,100 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 231 W 39th St, New York, NY, 10018. It has a total area of 1100 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 231 W 39th St, New York, NY, 10018
  • Square Feet: 1100
  • Landlord: 231/249 West 39 Street Associates
  • Tenant: Lili Global Apparel
  • Landlord's Representative: Jeff Buslik

This lease involves Lili Global Apparel as the tenant, with 231/249 West 39 Street Associates acting as the landlord. Jeff Buslik represents the landlord in this transaction.

Players

Jeff Buslik

Adams & Company

Broker

14 deals

Broker
WA
West 39 Street AssociatesLandlord

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