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350 5th Ave, New York, NY, ...

Updated Oct 29, 2024

Vanguard Construction & Development Co. Leases 15150 Square Feet From Yahoo At 350 5th Ave New York
LEASEDOffice

Vanguard Construction & Development Co. Leases 15150 Square Feet From Yahoo At 350 5th Ave New York

350 5th Ave, New York, NY, 10118

Building Size

15,150 SF

Asset Type

Office

Closing

Aug 31, 2017

About this deal

AI

The property involved in this transaction is located at 350 5th Ave, New York, NY, 10118. The transaction pertains to a lease of 15,150 square feet, situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Vanguard Construction & Development Co.
  • Tenant's Representative: Howard Rosenblum
  • Landlord: Yahoo

This deal highlights the collaborative efforts between Vanguard Construction & Development Co. and Yahoo, with Howard Rosenblum representing the tenant in the transaction.

Traded’s record for 350 5th Ave, New York, NY, 10118 in New York, New York covers a office lease from 2017. The building is 15,150 square feet, implying about 0 per square foot on the published price. Howard Rosenblum, Colliers, JLL appear on the lease alongside Colliers, JLL. This page is the New York, New York file for the 350 5th Ave, New York, NY, 10118 office leased: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else leased near 350 5th Ave, New York, NY, 10118 around 2017. Cite this Vanguard Construction & Development Co. Leases 15150 Square Feet From Yahoo At 350 5th Ave New York lease when underwriting similar office product around New York, New York.

Players

Howard Rosenblum

Broker

$18.7M

vol

3 deals

Broker
Colliers
ColliersBrokerage
JLL
JLLBrokerage
VC
Vanguard Construction & Development Co.Tenant

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

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