Tishman Speyer Leases 14696 Square Feet At 395 Lexington Ave In New York With Tenant's Rep Darell Handler
395 Lexington Ave, New York, NY, 100...
$67
$67/SF
Building Size
14,696 SF
Asset Type
Office
Closing
Sep 20, 2016
AI
The property involved in this transaction is located at 395 Lexington Ave, New York, NY. It has a rental price of $67 per square foot, encompassing a total of 14,696 square feet. The market is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 395 Lexington Ave, New York, NY, 100...
- Market: New York
- Tenant's Representative: Darell Handler
- Landlord: Tishman Speyer
- Rent/SF: $67
- Square Feet: 14,696
The deal includes representation by Darell Handler for the tenant, while Tishman Speyer serves as the landlord in this transaction. This reflects the collaborative dynamics between the negotiating parties involved in the lease.
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
236761.19%
Cash-on-Cash
-67667.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93