LEASEDOffice
RXR Realty Leases 12303 Square Feet At 340 Madison Ave New York With Tenant's Rep Dan Turkewtiz
340 Madison Ave, New York, NY, 10173
Building Size
12,303 SF
Asset Type
Office
Closing
Jul 5, 2022
AI
The property involved in this transaction is located at 340 Madison Ave, New York, NY, 10173. It features a total space of 12,303 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 340 Madison Ave, New York, NY, 10173
- Market: New York
- Square Feet: 12,303
- Landlord: RXR Realty
- Tenant's Representative: Dan Turkewtiz-JLL
The landlord for this lease transaction is RXR Realty, while the tenant is represented by Dan Turkewtiz from JLL, providing the necessary brokerage services for the deal.
Players
RXR RealtyLandlord
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