Actively AI Leases 10,722 Square Feet At 30 West 21st Street In Flatiron District
30 West 21st Street
$55
$55/SF
Building Size
10,722 SF
Asset Type
Office
Closing
Apr 14, 2025
About this deal
AI
The property involved in this transaction is an office space located at 30 West 21st Street in the Flatiron District. The lease agreement stipulates an asking rent of $55 per square foot for a total space of 10,722 square feet. This office asset is under the management of Skyway Development Group.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $55/ft
- Address: 30 West 21st Street
- Market: Flatiron District
- Landlord: Steven Mashaal & David Mashaal - Skyway Development Group
- Tenant: Mihir Garimella & Anshul Gupta - Actively AI
- Landlord's Representative: David Greene & Megan Gallagher - Nomad Group
- Tenant's Representative: Seth Godnick - JLL
- Square Footage: 10,722
- Lease Duration: Five years
The deal features a notable relocation, with Actively AI moving from their previous location at 184 Fifth Avenue. This transaction highlights the active market dynamics within the Flatiron District, facilitated by the respective representatives from Nomad Group and JLL.
On the Map
$55
$55/SF
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Visit Seth Godnick to view all their deals.
Browse New York office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93