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

Muji U.S.A. Leases 6250 Square Feet At 250 W 39th St New York From Alduwaliya Asset Management
LEASEDOffice

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

Catherine O’Toole

Lee & Associates

Broker

7 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

323734.69%

Cash-on-Cash

-92524.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93