Ramsey Feher Of CBRE Represents Tenant In 17850 SF Office Lease In New York
322 8th Ave, New York, NY, 10001
Building Size
17,850 SF
Asset Type
Office
Closing
Nov 22, 2023
About this deal
AI
The office property located at 322 8th Ave, New York, NY, 10001, boasts a total of 17,850 square feet. The deal involved GFP Real Estate as the landlord and was facilitated by Ramsey Feher from CBRE as the tenant's representative.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Market: New York
- Tenant's Rep: Ramsey Feher (CBRE)
- Landlord: GFP Real Estate
- Square Feet: 17,850
The leasing transaction at 322 8th Ave in New York involved notable industry figures. Ramsey Feher from CBRE acted as the tenant's representative, liaising with GFP Real Estate, the landlord, to facilitate the lease agreement.
On the Map
Office
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Players
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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