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
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