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.
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