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412 Columbus Ave, New York,...

Monica & Andy Leases 810 Square Feet At 412 Columbus Ave New York With Orleans Realty
LEASEDOffice

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

Carly Geller

Newmark

Broker

10 deals

Broker
IC
Investment CoTenant

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