Beauvais Carpets Leases 18342 SF Office Space On 36 E 57th St, New York
36 E 57th St, New York, NY, 10022
Building Size
18,342 SF
Asset Type
Office
Closing
Mar 5, 2020
AI
The property involved in this transaction is an office space located at 36 E 57th St, New York, NY, 10022. The total area of the property is 18,342 square feet. The market for this property is New York.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 36 E 57th St, New York, NY, 10022
- Square Feet: 18,342
- Tenant: Beauvais Carpets
- Landlord: Unknown
- Tenant's Representative: Matthew Ball-Retail By Mona
- Landlord's Representatives: Neil V. King III-CBRE, Patrice Meagher-CBRE, Paul Amrich-CBRE
This transaction highlights the key representatives involved, with Matthew Ball representing the tenant, Beauvais Carpets, while Neil V. King III, Patrice Meagher, and Paul Amrich represent the landlord in the deal.
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