Arena Investors Leases 9200 Square Feet At 395 Lexington Ave New York With Tenant's Rep David Kaplansky
395 Lexington Ave, New York, NY, 100...
Building Size
9,200 SF
Asset Type
Office
Closing
Aug 4, 2022
AI
A lease transaction has occurred for a property located at 395 Lexington Ave, New York, NY, with a total area of 9,200 square feet. The market for this asset is identified as New York. The tenant involved is Arena Investors, while the landlord is RFR Holding.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 395 Lexington Ave, New York, NY, 100...
- Market: New York
- Square Feet: 9,200
- Tenant: Arena Investors
- Landlord: RFR Holding
- Tenant's Representative: David Kaplansky (Colliers International)
- Landlord's Representatives: AJ Camhi, Al Camhi (RFR Realty)
The transaction involved key representatives such as David Kaplansky from Colliers International, who served as the tenant's representative, and AJ Camhi and Al Camhi from RFR Realty, representing the landlord. Their roles were crucial in facilitating the lease agreement between Arena Investors and RFR Holding.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93