William Kaufman Organization Leases 3807 Square Feet At 437 Madison Ave New York With Tenant's Rep Jason Roberts
437 Madison Ave, New York, NY, 10022
Building Size
3,807 SF
Asset Type
Office
Closing
Mar 30, 2016
AI
The property involved in the transaction is located at 437 Madison Ave, New York, NY, 10022. It spans a total of 3,807 square feet and is situated within the New York market. The landlord for this lease transaction is the William Kaufman Organization.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 437 Madison Ave, New York, NY, 10022
- Market: New York
- Square Feet: 3807
- Landlord: William Kaufman Organization
- Tenant's Representative: Jason Roberts - JLL
Jason Roberts from JLL represents the tenant in this lease transaction, facilitating the agreement between the involved parties. This representation highlights the role of brokerage in securing office space within a competitive market environment.
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