The Points Guy Leases 7659 Square Feet Office Space At 251 Park Ave S New York
251 Park Ave S, New York, NY, 10010
Building Size
7,659 SF
Asset Type
Office
Closing
Jan 23, 1917
About this deal
AI
The property asset involved in the transaction is located at 251 Park Ave S, New York, NY, 10010. This office space encompasses a total of 7,659 square feet and falls within the New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 251 Park Ave S, New York, NY, 10010
- Square Feet: 7659
- Tenant: The Points Guy
- Landlord: Feil Organization
- Tenant's Representative: Stephen Berliner - Savills
- Landlord's Representative: Robert Fisher - The Feil Organization
Stephen Berliner from Savills represents The Points Guy, while Robert Fisher represents the Feil Organization in this transaction, highlighting the involvement of key real estate professionals facilitating the lease agreement.
On the Map
Office
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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