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250 W 39th St, New York, NY...

Updated Oct 29, 2024

Muji U.S.A. Leases 6185 Square Feet At 250 W 39th St New York With Alduwaliya Asset Management
LEASEDOffice

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

About this deal

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.

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Players

Catherine O'Toole

Lee & Associates

Broker

$68.5M

vol

9 deals

Broker
AM
Alduwaliya Asset ManagementLandlord
MU
Muji U.S.A.Tenant
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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

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