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
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