Muji U.S.A. Leases 6250 Square Feet At 250 W 39th St New York From Alduwaliya Asset Management
250 W 39th St, New York, NY, 10018
$49
$49/SF
Building Size
6,250 SF
Asset Type
Office
Closing
Jun 26, 2017
AI
The lease transaction involves a property located at 250 W 39th St, New York, NY, 10018, situated in the New York market. The space encompasses 6,250 square feet and has a rent price of $49 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 250 W 39th St, New York, NY, 10018
- Market: New York
- Landlord: Alduwaliya Asset Management
- Tenant: Muji U.S.A.
- Landlord's Representative: Catherine O’Toole - Lee & Associates
The transaction represents a significant step for both the tenant, Muji U.S.A., and the landlord, Alduwaliya Asset Management, with Catherine O’Toole from Lee & Associates acting as the representative for the landlord in this deal.
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
323734.69%
Cash-on-Cash
-92524.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93