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37 East 18th Street

Zar Property NY Leases Office Space To Artlist At 37 East 18th Street In Flatiron
LEASEDOffice

Zar Property NY Leases Office Space To Artlist At 37 East 18th Street In Flatiron

37 East 18th Street

$98

$98/SF

Building Size

8,900 SF

Asset Type

Office

Closing

Mar 14, 2026

AI

The asset involved in the transaction is an office space located at 37 East 18th Street in the Flatiron market. The total square footage of the office is 8,900 SQ FT, and the asking rent is set at $98 per square foot. The lease type for this property is categorized as Full Service Gross.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $98/ft
  • Square Footage: 8,900
  • Address: 37 East 18th Street
  • Market: Flatiron
  • Landlord: Zar Property NY
  • Tenant: Artlist
  • Landlord's Rep: David Zar, Julian Zar & Jonathan Zar - Zar Property NY
  • Tenant's Rep: Sam Einhorn - Colliers
  • Lease Type: Full Service Gross

This transaction involved key individuals and companies, notably the landlord's representatives David Zar, Julian Zar, and Jonathan Zar from Zar Property NY, and the tenant's representative Sam Einhorn from Colliers. The lease negotiation culminated successfully, emphasizing the relationships between the parties involved in securing this office lease agreement.

Players

Sam Einhorn

Colliers

Broker

5 deals

Broker
Julian Zar

Julian Zar

Zar Property NY

Landlord

5 deals

Landlord
Zar Property NY
Zar Property NYLandlord

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

161867.35%

Cash-on-Cash

-46262.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93