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
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