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360 Madison Ave, New York, ...

Stawski Partners Leases 45000 Square Feet At 360 Madison Ave New York With Tenant's Rep Gary Davies
LEASEDOffice

Stawski Partners Leases 45000 Square Feet At 360 Madison Ave New York With Tenant's Rep Gary Davies

360 Madison Ave, New York, NY, 10017

Building Size

45,000 SF

Asset Type

Office

Closing

May 23, 2019

AI

The property involved in this transaction is located at 360 Madison Ave, New York, NY, 10017. It encompasses a total of 45,000 square feet and is situated within the New York market. The landlord for this lease transaction is Stawski Partners.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 360 Madison Ave, New York, NY, 10017
  • Square Feet: 45,000
  • Tenant's Representative: Gary Davies-CBRE
  • Landlord: Stawski Partners

The transaction was facilitated by Gary Davies, representing the tenant, who is an associate at CBRE. The landlord, Stawski Partners, is responsible for the management and leasing of the property.

Players

Taylor Scheinman

CBRE

Broker

6 deals

Broker
Stawski Partners
Stawski PartnersLandlord

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