Perfect Wellness Group Leases 13000 SF Office At 33 East 33rd Street New York From Kalimian Equities
33 East 33rd Street
$52
$52/SF
Building Size
13,000 SF
Asset Type
Office
Closing
Mar 24, 2025
AI
The property asset involved in this transaction is an office space located at 33 East 33rd Street in New York, featuring a lease agreement dated 03/24/2025. The asset encompasses a total area of 13,000 square feet with a rental rate of $52 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: 676,000
- Address: 33 East 33rd Street
- Market: New York
- Tenant: Perfect Wellness Group
- Landlord: Kalimian Equities
- Tenant's Representatives: Eric Siegel (LSL Advisors), Raphael (Ralph) Zar (LSL Advisors)
- Landlord's Representatives: Erik Harris (Newmark), Zachary Weil (CBRE), Scott Klau (Newmark)
The transaction showcases the collaboration between multiple representatives, indicating a structured approach to securing the lease. The deal involves LSL Advisors representing the tenant and a combination of Newmark and CBRE representing the landlord, highlighting the involvement of experienced brokers in the negotiation process.
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
305057.69%
Cash-on-Cash
-87186.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93