Plaid Leases 30000 Square Feet At 295 Lafayette St New York With Landlord Kushner Companies
295 Lafayette St, New York, NY, 10012
Building Size
30,000 SF
Asset Type
Office
Closing
Oct 10, 2019
AI
The property involved in this transaction is located at 295 Lafayette St, New York, NY, 10012. It encompasses a total of 30,000 square feet and is part of the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Landlord: Kushner Companies
- Tenant: Plaid
- Landlord's Representative: Fritz Kemerling - Atlantic Retail
Key individuals in this deal include Fritz Kemerling, representing the landlord, who is affiliated with Atlantic Retail, while the tenant is represented by Plaid, whose operational details were not specified in the context provided.
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