Dentes Trading Advisory Leases Office Space At 369 Lexington Ave From Triangle Assets - Stavrach Family In Midtown East
369 Lexington Ave, New York, NY 10016, USA
Building Size
2,750 SF
Asset Type
Office
Closing
Sep 21, 2020
AI
The office space located at 369 Lexington Ave in Midtown East has recently been leased. The property, owned by Triangle Assets and the Stavrach Family, was leased to Dentes Trading Advisory. The lease was brokered by Oded Nachmani from Current Real Estate. The terms of the lease include an asking rent of $65 per square foot for a total of 2,750 square feet and a lease term of 5 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease
- Address: 369 Lexington Ave
- Market: Midtown East
To get more information about this lease, please contact Current Real Estate directly by emailing them at [email protected].
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