Monica & Andy Leases 810 Square Feet At 412 Columbus Ave New York With Orleans Realty
412 Columbus Ave, New York, NY, 100...
Building Size
810 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 412 Columbus Ave, New York, NY, with a total area of 810 square feet. It resides in the New York market and is managed by Orleans Realty.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 810
- Tenant: Monica + Andy
- Landlord: Orleans Realty
- Tenant's Representatives: Justin Fantasia - Newmark Knight Frank, Carly Geller - Newmark
This lease agreement was facilitated by representatives Justin Fantasia and Carly Geller from Newmark Knight Frank, who acted on behalf of the tenant, Monica + Andy, in securing the property from landlord Orleans Realty.
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