Coty Leases 29190 Square Feet At 40 E 33rd St New York With Tenant's Rep Daniel Katcher
40 E 33rd St, New York, NY, 10016
$68
$68/SF
Building Size
29,190 SF
Asset Type
Office
Closing
Apr 3, 2018
AI
The property involved in this transaction is located at 40 E 33rd St, New York, NY, 10016. It is situated in the New York market and encompasses 29,190 square feet of space. The rent per square foot is set at $68.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 40 E 33rd St, New York, NY, 10016
- Market: New York
- Rent/SF: $68
- Square Feet: 29,190
- Landlord: Coty
- Tenant's Representative: Daniel Katcher-Newmark
The key players in this deal include Daniel Katcher, representing the tenant, and Coty, the landlord. This transaction highlights the collaboration between the tenant's representative and the landlord in securing the lease agreement.
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
233279.41%
Cash-on-Cash
-66671.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93