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240 W 35th St, New York, NY...

Café Nunez Leases 6177 Square Feet At 240 W 35th St New York From ATCO Properties
LEASEDOffice

Café Nunez Leases 6177 Square Feet At 240 W 35th St New York From ATCO Properties

240 W 35th St, New York, NY, 10001

Building Size

6,177 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property located at 240 W 35th St, New York, NY, is a leased space comprising 6,177 square feet. Situated in the New York market, this property is operated by Café Nunez under a leasing agreement with ATCO Properties & Management as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not provided
  • Address: 240 W 35th St, New York, NY, 10001
  • Market: New York
  • Tenant: Café Nunez
  • Landlord: ATCO Properties & Management
  • Tenant's Representative: James Bullaro - Avenue Realty Advisors
  • Square Feet: 6,177

James Bullaro represented the tenant, Café Nunez, in the leasing transaction, while ATCO Properties & Management served as the landlord for the property. The deal reflects the collaboration between Café Nunez and their representative to secure the lease for this commercial space in New York.

Players

James Bullaro

ARA

Broker

10 deals

Broker
ATCO Properties & Management
ATCO Properties & ManagementBrokerage
ATCO Properties & Management
ATCO Properties & ManagementLandlord

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