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336 West 37th Street

Natures Finest Security Leases Office At 336 W 37th St In Hudson Yards
LEASEDOffice

Natures Finest Security Leases Office At 336 W 37th St In Hudson Yards

336 West 37th Street

$35

$35/SF

Building Size

2,500 SF

Asset Type

Office

Closing

Apr 9, 2024

AI

The office space at 336 West 37th Street in Hudson Yards, Manhattan, was leased to Natures Finest Security. The property spans 2,500 square feet with an asking rent of $35 per square foot under a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 336 West 37th Street
  • Market: Hudson Yards, Manhattan
  • Tenant: Natures Finest Security
  • Landlord: IGS Realty Co.
  • Broker: Mark Gindi - Gindi Realty Advisors

Mark Gindi, founder and CEO of Gindi Realty Advisors, represented Natures Finest Security in securing their corporate office at 336 West 37th Street. The office, also known as the Arts Building, offers stunning views of the Hudson River, making it a prime location for the tenant.

Players

Mark Gindi

Gindi Realty Advisors

Broker

7 deals

Broker

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

453228.57%

Cash-on-Cash

-129534.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93