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

Longevity Brands Leases 33952 Square Feet At 250 W 39th St New York From Alduwaliya Asset Management
LEASEDOffice

Longevity Brands Leases 33952 Square Feet At 250 W 39th St New York From Alduwaliya Asset Management

250 W 39th St, New York, NY, 10018

Building Size

33,952 SF

Asset Type

Office

Closing

Aug 8, 2019

AI

The property involved in the transaction is located at 250 W 39th St, New York, NY, 10018. The asset occupies a total area of 33,952 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 33,952
  • Address: 250 W 39th St, New York, NY, 10018
  • Market: New York
  • Tenant: Longevity Brands
  • Landlord: Alduwaliya Asset Management
  • Tenant's Representative: Elliot Zelinger

The transaction involves Longevity Brands as the tenant, represented by Elliot Zelinger. The landlord for this lease is Alduwaliya Asset Management, highlighting the key parties engaged in this property arrangement.

Players

Elliot Zelinger

Savitt Partners

Broker

8 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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