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237 Park Ave, New York, NY,...

Taco Dumbo And Omakasa Lease 2407 Square Feet At 237 Park Ave New York
LEASEDOffice

Taco Dumbo And Omakasa Lease 2407 Square Feet At 237 Park Ave New York

237 Park Ave, New York, NY, 10016

Building Size

2,407 SF

Asset Type

Office

Closing

Jan 10, 2019

AI

The property involved in this transaction is located at 237 Park Ave, New York, NY, 10016. The asset spans a total area of 2,407 square feet. The market for this property is New York.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Tenant: Taco Dumbo and Omakasa
  • Landlord: RXR Realty
  • Tenant's Representative: Jonathan Krieger (RKF)
  • Landlord's Representatives: Marc Frankel (Newmark), Mark Utreras (Newmark Grubb Knight Frank)

This lease agreement involves Taco Dumbo and Omakasa as tenants who will occupy the property at the specified address. The transaction is supported by Jonathan Krieger from RKF representing the tenants and Marc Frankel along with Mark Utreras from Newmark Grubb Knight Frank representing the landlord RXR Realty.

Players

Marc Frankel

Newmark

Broker

12 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