IGS Realty Leases 2100 Square Feet To Tenant Represented By James Duncanson In New York
336 W 37th St, New York, NY, 10018
Building Size
2,100 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property involved in the transaction is located at 336 W 37th St, New York, NY, 10018, and encompasses 2,100 square feet. It is situated in the New York market and is leased by a tenant from IGS Realty.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 336 W 37th St, New York, NY, 10018
- Market: New York
- Square Feet: 2100
- Tenant's Representative: James Duncanson - SquareFoot
- Landlord: IGS Realty
In this transaction, James Duncanson from SquareFoot represented the tenant, facilitating the lease agreement with the landlord, IGS Realty. The transaction reflects ongoing activities in the commercial leasing sector within the New York area.
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