Court Square Animal Hospital Leases Medical Space At 42-38 Crescent Street In Long Island City, Queens, New York
42-38 Crescent Street, Long Island City, Queens County, NY, USA
Building Size
2,258 SF
Asset Type
Office
Closing
Sep 6, 2018
AI
The Court Square Animal Hospital in Long Island City, Queens, New York has recently leased a medical property located at 42-38 Crescent Street. The property spans across 2,258 square feet and is owned by the Ampiera Group.
Summary of transaction details
- Property Type: Medical
- Transaction Date: 09/07/2018
- Address: 42-38 Crescent Street, Long Island City, Queens, New York
- Tenant: Court Square Animal Hospital
- Landlord: Ampiera Group
- Tenant Representative: Brad Schwarz - Lee & Associates NYC
- Landlord Representative: Alex Lau - Ampiera Group
- Price per Square Foot: $85
Brad Schwarz from Lee & Associates NYC served as the tenant representative for the Court Square Animal Hospital in this lease transaction, while Alex Lau represented the landlord, Ampiera Group.
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