Douglas Regal Of Cushman & Wakefield Represents Tenant In Lease At 26 W 17th St New York
26 W 17th St, New York, NY, 10011
Building Size
9,979 SF
Asset Type
Office
Closing
Apr 9, 2019
AI
The property asset involved in this transaction is located at 26 W 17th St, New York, NY, 10011. It comprises a total area of 9,979 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 9,979
- Tenant's Representative: Douglas Regal - Cushman & Wakefield, Jamie Katcher
- Landlord: Winter Properties
The deal involves key representatives including Douglas Regal and Jamie Katcher, who represented the tenant in this transaction. Winter Properties is identified as the landlord in this lease agreement.
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