Deutsche Bank Leases Office Space At 35 Columbus Ave With Kenneth Siegel Of JLL As Representative
35 Columbus Ave, New York, NY, 10023
Building Size
1 SF
Asset Type
Office
Closing
May 7, 2018
AI
The property involved in the transaction is located at 35 Columbus Ave, New York, NY, 10023. It is a lease transaction with a tenant occupancy of 1 square foot. The market associated with this property is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 35 Columbus Ave, New York, NY, 10023
- Market: New York
- Tenant: Deutsche Bank
- Landlord: Related Companies
- Tenant's Representative: Kenneth Siegel (JLL)
Key individuals involved in the transaction include Kenneth Siegel, representing Deutsche Bank, while the landlord is represented by Related Companies. The tenancy arrangement is facilitated through these representatives, ensuring both parties' interests are addressed in the lease agreement.
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