ZGF Architects LLP Leases Office Space In New York To The Rosen Family
39 W 19th St, New York, NY, 10011
Building Size
11,502 SF
Asset Type
Office
Closing
Jan 10, 2020
About this deal
AI
The property asset involved in this lease transaction is located at 39 W 19th St, New York, NY, 10011. This office space comprises a total of 11,502 square feet situated in the New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 39 W 19th St, New York, NY, 10011
- Square Feet: 11,502
- Tenant: ZGF Architects LLP
- Landlord: The Rosen Family
- Tenant's Representative: William Fressle-Cushman & Wakefield
- Landlord's Representative: Max Koeppell - Koeppell Rosen
This lease transaction involves ZGF Architects LLP as the tenant and The Rosen Family as the landlord. The representatives for the tenant and landlord are William Fressle from Cushman & Wakefield and Max Koeppell from Koeppell Rosen, respectively, facilitating the transaction on their behalf.
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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