END Fund Leases 7329 Square Feet At 40 E 33rd St New York From Morgan Stanley
40 E 33rd St, New York, NY, 10016
$70
$70/SF
Building Size
7,329 SF
Asset Type
Office
Closing
Apr 3, 2018
AI
The property involved in this lease transaction is located at 40 E 33rd St, New York, NY, 10016. It encompasses a total of 7,329 square feet within the New York market, with a rent price of $70 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 40 E 33rd St, New York, NY, 10016
- Market: New York
- Tenant: END Fund
- Landlord: Morgan Stanley Real Estate
- Tenant's Representative: Don Preate - JLL
- Landlord's Representative: David Green - Kassin Sabbagh Realty, David A. Green
- Rent/SF: $70
- Square Feet: 7,329
The key individuals involved in the transaction include the tenant's representative Don Preate from JLL and the landlord's representative David Green from Kassin Sabbagh Realty. The landlord is Morgan Stanley Real Estate, while the tenant is END Fund, completing a significant lease transaction in the New York market.
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93