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
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