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
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