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275 7th Ave, New York, NY, ...

Updated Oct 29, 2024

Signpost Leases Office Space At 275 7th Ave, NY With MaxPoint Interactive
LEASEDOffice

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

Kirill Azovtsev

Savills

Broker

$10.3M

vol

29 deals

Broker

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

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