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
About this deal
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.
On the Map
Office
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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