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30 Howard St, New York, NY,...

Maria Tash Leases 16910 Square Feet At 30 Howard St New York With Intercontinental Real Estate Corporation
LEASEDOffice

Maria Tash Leases 16910 Square Feet At 30 Howard St New York With Intercontinental Real Estate Corporation

30 Howard St, New York, NY, 10013

Building Size

16,910 SF

Asset Type

Office

Closing

Oct 24, 2019

AI

The property asset involved in this lease transaction is located at 30 Howard St, New York, NY, 10013. The total square footage of the property is 16,910. The transaction is situated in the New York market.

Summary of transaction details:

The transaction showcases the involvement of key representatives from both the tenant and landlord sides. Joseph DeRosa and David Stockel from CBRE represented Maria Tash, while David Malawer from Newmark represented Intercontinental Real Estate Corporation in this lease agreement.

Players

David Malawer

Newmark

Broker

4 deals

Broker
IC
Intercontinental Real Estate CorporationLandlord

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