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38 E 32nd St, New York, NY,...

Global Health Strategies Leases 7300 Square Feet At 38 E 32nd St New York
LEASEDOffice

Global Health Strategies Leases 7300 Square Feet At 38 E 32nd St New York

38 E 32nd St, New York, NY, 10016

Building Size

7,300 SF

Asset Type

Office

Closing

Dec 15, 2015

AI

The property involved in this transaction is located at 38 East 32nd Street, New York, NY, 10016. It encompasses a total of 7,300 square feet in the New York market.

Summary of transaction details:

The lease transaction was facilitated by JRT Realty Group, represented by Ellen Israel and Lauren Calandriello for the tenant, Global Health Strategies, while the landlord, 38E32 STREET LLC, was represented by Michael Joseph from Colliers International.

Players

Michael Joseph

Colliers

Broker

16 deals

Broker

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