Bank Of Thailand Leases Office Space At 410 Park Ave, New York
410 Park Ave, New York, NY, 10022
Building Size
2,959 SF
Asset Type
Office
Closing
Jul 21, 2021
About this deal
AI
The asset involved in this transaction is an office space located at 410 Park Ave, New York, NY, 10022. This office encompasses a total area of 2,959 square feet and is situated within the New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Feet: 2959
- Tenant: Bank of Thailand
- Landlord: Global Holdings Management Group
- Tenant's Representative: Robert Goodman - Cresa
- Lease Date: 07/21/2021
This lease agreement represents the relationship between Bank of Thailand and Global Holdings Management Group, with Robert Goodman from Cresa acting as the representative for the tenant in this transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93