Yotpo Leases 23332 Square Feet At 31 W 19th St New York With Landlord Pan Asia Properties
31 W 19th St, New York, NY, 10011
$70
$70/SF
Building Size
23,332 SF
Asset Type
Office
Closing
Mar 28, 2018
AI
The property involved in this transaction is located at 31 W 19th St, New York, NY, 10011. It is situated in the New York market and spans a total area of 23,332 square feet. The rent is set at $70 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 31 W 19th St, New York, NY, 10011
- Market: New York
- Square Feet: 23,332
- Rent/SF: 70
- Tenant: Yotpo
- Landlord: Pan Asia Properties
- Tenant's Representative: Jeffrey Sharon -CBRE, Jeff Sharon -JSRE MGMT
- Landlord's Representative: Hemant Mehta -Pan Asia Properties
This lease transaction involves Yotpo as the tenant, with Pan Asia Properties acting as the landlord. The representatives facilitating the transaction include Jeffrey Sharon from CBRE and Jeff Sharon from JSRE MGMT representing the tenant, and Hemant Mehta representing the landlord.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93