B-Floral Signs Lease At 225 W 35th Street In Garment District
225 W 35th St, New York, NY 10001, USA
Building Size
89,000 SF
Asset Type
Office
Closing
Oct 31, 2018
About this deal
AI
The office property located at 225 W 35th Street in the Garment District has been involved in a closed transaction. The property spans a total of 8,900 square feet and was listed for an asking price of $50 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
Matthew Raphan and Brett Maslin represented the tenant, B-Floral, in this transaction. The landlord, The Kash Group, was represented by Eli Someck. No further details about the transaction or the individuals involved were provided.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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