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36 West 20th Street

Olmstead Properties Leases Office Space To Curacity At 36 West 20th Street For $57/SF
LEASEDOffice

Olmstead Properties Leases Office Space To Curacity At 36 West 20th Street For $57/SF

36 West 20th Street

$57

$57/SF

Building Size

5,254 SF

Asset Type

Office

Closing

Mar 24, 2025

AI

The property involved in this transaction is an office asset located at 36 West 20th Street in the New York market. The lease was finalized on March 24, 2025, with a total area of 5,254 square feet. The rent per square foot for this lease is set at $57.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 36 West 20th Street
  • Market: New York
  • Landlord: Olmstead Properties
  • Tenant: Curacity
  • Landlord's Representative: Daniel Breiman (Olmstead Properties)
  • Rent/SF: $57
  • Square Feet: 5,254

This transaction involves key individuals such as Daniel Breiman, representing the landlord, Olmstead Properties, and Curacity, the tenant occupying the leased office space. Additional details about the transaction include the explicitly defined lease agreement without any additional provisions mentioned.

Players

Daniel Breiman

Olmstead Properties

Broker

8 deals

Broker
Olmstead Properties
Olmstead PropertiesBrokerage
Olmstead Properties
Olmstead PropertiesLandlord

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

278298.25%

Cash-on-Cash

-79538.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93