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

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

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

Catherine O'Toole

Lee & Associates

Broker

$68.5M

vol

9 deals

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

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