LEASEDOffice
Simplebet Leases 8732 Square Feet At 373 Park Ave S In New York With ATCO Properties & Management
373 Park Ave S, New York, NY, 10154
Building Size
8,732 SF
Asset Type
Office
Closing
Jul 7, 2021
AI
The property asset involved in the transaction is located at 373 Park Ave S, New York, NY, 10154. It spans a total of 8,732 square feet and is situated in the New York market. The landlord in this transaction is ATCO Properties & Management.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Simplebet
- Landlord: ATCO Properties & Management
- Tenant's Representative: Jamie Katcher
- Landlord's Representative: John Cinosky - ABS Partners Real Estate
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