SL Green Realty Corp. Leases Office Space To The Crone Law Group P.C. & Ascendant Global Advisors Inc. At 420 Lexington Ave
420 Lexington Avenue
$90
$90/SF
Building Size
1,741 SF
Asset Type
Office
Closing
Aug 24, 2022
About this deal
AI
The property involved in this lease transaction is an office space located at 420 Lexington Ave. in Manhattan. The landlord for this property is SL Green Realty Corp., while the tenants are The Crone Law Group P.C. and Ascendant Global Advisors Inc.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Asking Rent: $90/ft.
- Square Footage: 1,741 SF
- Date: 08/24/2022
- Market: Manhattan
- Brokers: Jessilyn Chen & Joyce Sheng
The Crone Law Group P.C. and Ascendant Global Advisors Inc. were represented by brokers Jessilyn Chen and Joyce Sheng in this lease deal.
On the Map
$90
$90/SF
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Visit Jessilyn Chen to view all their deals.
Browse New York office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93