Comedy Central Leases 7400 Square Feet At 3 W 57th St New York From El-Kan Realty
3 W 57th St, New York, NY, 10019
Building Size
7,400 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property is located at 3 W 57th St, New York, NY, 10019, comprising 7,400 square feet. The lease transaction is situated in the New York market and is associated with El-Kan Realty.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 3 W 57th St, New York, NY, 10019
- Square Feet: 7,400
- Landlord: El-Kan Realty
- Tenant: Comedy Central
- Landlord's Representative: Kelly Gedinsky
This lease transaction involves key parties, including the landlord El-Kan Realty, represented by Kelly Gedinsky, and the tenant, Comedy Central. The arrangement reflects the involvement of specific individuals entrusting the transaction process.
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