facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

253 W 35th St, New York, NY...

Curtis Partition Leases 9341 Square Feet At 253 W 35th St New York From Shulsky Properties
LEASEDOffice

Curtis Partition Leases 9341 Square Feet At 253 W 35th St New York From Shulsky Properties

253 W 35th St, New York, NY, 10001

$44

$44/SF

Building Size

9,341 SF

Asset Type

Office

Closing

Aug 23, 2017

AI

The property involved in this transaction is located at 253 W 35th St, New York, NY, 10001. This lease transaction is situated in the New York market, with a total square footage of 9,341. The rent per square foot is set at $44.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 253 W 35th St, New York, NY, 10001
  • Market: New York
  • Tenant: Curtis Partition
  • Landlord: Shulsky Properties
  • Tenant's Representative: Joseph Gervino (Avison Young)

The deal involves key individuals including the tenant, Curtis Partition, who will occupy the leased space, and the landlord, Shulsky Properties, who owns the property. Joseph Gervino from Avison Young acted as the representative for the tenant in this lease transaction.

Players

Joseph Gervino

Avison Young

Broker

3 deals

Broker
SP
Shulsky PropertiesLandlord
CS
Curtis Specialized Moving & StorageTenant

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

360522.73%

Cash-on-Cash

-103038.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93