Muji U.S.A. Leases 6185 Square Feet At 250 W 39th St New York With Alduwaliya Asset Management
250 W 39th St, New York, NY, 10018
Building Size
6,185 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in the lease transaction is located at 250 W 39th St, New York, NY, 10018. This property comprises 6,185 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Muji U.S.A.
- Landlord: Alduwaliya Asset Management
- Tenant's Representative: Christopher (Chris) Okada - Okada & Company
- Landlord's Representatives: Catherine O'Toole, Gregory Gang - Lee & Associates
The individuals behind this transaction include Christopher (Chris) Okada, representing Muji U.S.A., and the representatives of the landlord, Catherine O'Toole and Gregory Gang, who are associated with Lee & Associates. This transaction highlights the collaboration between these professionals in facilitating the lease agreement.
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