Signpost Leases Office Space At 275 7th Ave, NY With MaxPoint Interactive
275 7th Ave, New York, NY, 10001
Building Size
12,000 SF
Asset Type
Office
Closing
Jun 19, 2019
About this deal
AI
The property at 275 7th Ave, New York, NY, 10001 is an office space spanning 12,000 square feet. The lease for this asset was transacted on June 19, 2019, in the New York market. The tenant, Signpost, was represented by Kirill Azovtsev of Savills, while the landlord was MaxPoint Interactive.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant: Signpost
- Tenant's Rep: Kirill Azovtsev (Savills)
- Landlord: MaxPoint Interactive
- Address: 275 7th Ave, New York, NY, 10001
- Market: New York
- Square Feet: 12,000
Kirill Azovtsev of Savills played a crucial role in representing Signpost in the leasing transaction. MaxPoint Interactive, the landlord, was part of this deal, facilitating the lease of the 12,000 square feet office space located at 275 7th Ave, New York, NY, 10001. The involvement of these key individuals and companies highlights the successful completion of this office lease in the New York market.
Players
New York Office Market Snapshot
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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