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395 Lexington Ave, New York...

Arena Investors Leases 9200 Square Feet At 395 Lexington Ave New York With Tenant's Rep David Kaplansky
LEASEDOffice

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:

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

AJ Camhi

RFR

Broker

14 deals

Broker
RFR
RFRLandlord

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