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
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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