Swavelle Mill Creek Fabrics Leases 13700 Square Feet At 300 Park Ave S In New York
300 Park Ave S, New York, NY, 10010
Building Size
13,700 SF
Asset Type
Office
Closing
Mar 19, 2018
AI
The property located at 300 Park Ave S, New York, NY, 10010 has a total square footage of 13,700. It operates in the New York market and is associated with Rockrose Development as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 300 Park Ave S, New York, NY, 10010
- Landlord: Rockrose Development
- Landlord's Representative: Andrew Braver (Cushman & Wakefield)
- Tenant: Swavelle Mill Creek Fabrics
Andrew Braver, from Cushman & Wakefield, represents Rockrose Development in this transaction. Swavelle Mill Creek Fabrics is the tenant involved in this lease agreement.
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