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30 West 21st Street, Manhat...

Ingenuity Studios Inc. Leases Office Space At 30 West 21st Street In Flatiron
LEASEDOffice

Ingenuity Studios Inc. Leases Office Space At 30 West 21st Street In Flatiron

30 West 21st Street, Manhattan, New York, NY, USA

Building Size

5,361 SF

Asset Type

Office

Closing

Nov 19, 2020

AI

Ingenuity Studios Inc. has leased an office space located at 30 West 21st Street in Flatiron. The landlord, Skyway Development Group, facilitated the deal with the assistance of brokers Chris from Okada & Company and Christel Engel from Colliers Intl. The lease was finalized on November 20, 2020.

Summary of transaction details

  • Property Type: Office
  • Lease Date: 11/20/2020
  • Address: 30 West 21st Street
  • Market: Flatiron

Ingenuity Studios Inc. signed a lease for the office space measuring 5,361 square feet at an asking rent of $65 per square foot.

For more office spaces in Midtown, you can visit www.okadaco.com or contact Chris Okada, the broker from Okada & Company. Some other available deals include:

  • 894 Avenue of the Americas: 4,000 square feet at $40 per square foot
  • 45 West 34th Street: 1,000-12,000 square feet at $42 per square foot
  • 11 West 36th Street: 2,500 square feet at $32 per square foot
  • 34 West 36th Street: 1,600 square feet at $32 per square foot

If these options don't meet your requirements, you can reach out to Chris Okada directly.

Players

Christel Engel

Colliers

Broker

5 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