facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Lease

/

419 Lafayette Street, New Y...

Creatd Leases Office Space In Noho, Manhattan At 419 Lafayette St
LEASEDOffice

Creatd Leases Office Space In Noho, Manhattan At 419 Lafayette St

419 Lafayette Street, New York City, New York 10003, United States

Building Size

8,000 SF

Asset Type

Office

Closing

Apr 30, 2022

AI

Located in Noho, Manhattan, the office property at 419 Lafayette St. has recently been leased. The tenant, Creatd, will occupy the space, which spans 8,000 square feet. The lease was facilitated by Oded Nachmani from Current Real Estate Advisors, who represented the tenant. Ali Reslan and Joshua Malekan from Venture Capital Properties acted as the landlord's representatives.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 419 Lafayette St.
  • Market: Noho, Manhattan
  • Tenant's Rep: Oded Nachmani - Current Real Estate Advisors
  • Landlord's Rep: Ali Reslan & Joshua Malekan - Venture Capital Properties
  • Asking Rent: $60/ft.
  • Square Footage: 8,000

The deal was finalized on 05/01/2022, making Creatd the new tenant of this office property. Oded Nachmani of Current Real Estate Advisors played a crucial role in representing the tenant's interests throughout the leasing process. On the other side, Ali Reslan and Joshua Malekan from Venture Capital Properties served as the landlord's representatives, ensuring a smooth transaction for both parties involved.

Players

Oded Nachmani

Current Real Estate Advisors

Broker

16 deals

Broker
Venture Capital Properties
Venture Capital PropertiesBrokerage

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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