The International Rescue Committee Leases 10000 Square Feet At 263 W 38th St New York
263 W 38th St, New York, NY, 10018
Building Size
10,000 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property involved in this lease transaction is located at 263 W 38th St, New York, NY, 10018. It encompasses a total of 10,000 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 263 W 38th St, New York, NY, 10018
- Square Feet: 10,000
- Tenant: The International Rescue Committee
- Landlord: Handler Real Estate Organization
- Tenant's Representative: Laurence Briody, Jr., Emanuel Fitzgerald, Joan Meixner - CBRE
This lease was facilitated by the representatives from CBRE, specifically Laurence Briody, Jr., Emanuel Fitzgerald, and Joan Meixner, who acted on behalf of The International Rescue Committee in this transaction.
On the Map
Office
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Players
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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