Diptyque Leases 8097 Square Feet At 240 W 35th St New York From ATCO Properties & Management
240 W 35th St, New York, NY, 10001
Building Size
8,097 SF
Asset Type
Office
Closing
May 2, 2019
AI
The property leased is located at 240 W 35th St, New York, NY, 10001. The lease is situated in the New York market and encompasses a total area of 8,097 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Tenant: Diptyque
- Landlord: ATCO Properties & Management
- Tenant's Representative: Christel Engel-Colliers International
This transaction involved key representatives from both the tenant and landlord, with Christel Engel from Colliers International acting on behalf of Diptyque in this lease agreement with ATCO Properties & Management as the landlord.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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