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35 Madison St, New York, NY...

Rudin Management Company Leases 13857 Square Feet At 35 Madison St New York With Tenant's Reps Kyle Galin And Darell Handler
LEASEDOffice

Rudin Management Company Leases 13857 Square Feet At 35 Madison St New York With Tenant's Reps Kyle Galin And Darell Handler

35 Madison St, New York, NY, 10038

Building Size

13,857 SF

Asset Type

Office

Closing

Nov 2, 2022

AI

The property involved in this transaction is located at 35 Madison St, New York, NY, 10038, situated in the New York market. The property encompasses a total of 13,857 square feet. The landlord of the property is Rudin Management Company.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 13,857
  • Address: 35 Madison St, New York, NY, 10038
  • Market: New York
  • Landlord: Rudin Management Company
  • Tenant's Representatives: Kyle Galin, Darell Handler

This deal involves representatives Kyle Galin and Darell Handler, who are acting on behalf of the tenant in the transaction. Their roles are crucial in facilitating the lease agreement between the tenant and Rudin Management Company, ensuring all parties' needs are met during the process.

Players

Darell Handler

Handler Real Estate Services

Broker

$28M

vol

12 deals

Broker
Rudin Management Company
Rudin Management CompanyBrokerage
Rudin Management Company
Rudin Management CompanyLandlord

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