Breather Leases Office Space At 369 Lexington Ave, New York For $65/SF
369 Lexington Ave, New York, NY, 100...
$65
$65/SF
Building Size
3,800 SF
Asset Type
Office
Closing
May 3, 2017
About this deal
AI
The office property located at 369 Lexington Ave, New York, NY, 100... spans 3800 square feet with a rental rate of $65 per square foot. The lease was finalized on 05/03/2017 between the tenant, Breather, and the landlord, Triangle Assets. Breather was represented by Ramsey Feher from CBRE.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 369 Lexington Ave, New York, NY, 100...
- Market: New York
- Tenant: Breather
- Landlord: Triangle Assets
- Rent/SF: $65
- Square Feet: 3800
- Tenant's Rep: Ramsey Feher(CBRE)
The deal involved the tenant, Breather, a flexible workspace provider, and the landlord, Triangle Assets, a prominent property ownership entity in New York. Ramsey Feher, representing CBRE, facilitated the leasing agreement for Breather, ensuring a smooth transaction process for both parties involved.
On the Map
$65
$65/SF
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Visit Ramsey Feher to view all their deals.
Browse New York office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93