Lauren Davidson Of Transwestern Represents Tenant In Office Lease At 437 Madison Ave
437 Madison Ave, New York, NY, 10022
Building Size
9,576 SF
Asset Type
Office
Closing
May 30, 2017
AI
The property at 437 Madison Ave, New York, NY, 10022 is an office asset spanning 9576 square feet. The lease for this office space was finalized on 05/30/2017 in the bustling market of New York. The landlord of this property is the William Kaufman Organization, and the tenant, Lauren Davidson from Transwestern, was represented by her in the transaction.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 437 Madison Ave, New York, NY, 10022
- Market: New York
- Tenant's Rep: Lauren Davidson (Transwestern)
- Landlord: William Kaufman Organization
- Square Feet: 9576
The deal involved in the lease of 437 Madison Ave was supported by Lauren Davidson from Transwestern as the tenant's representative. On the other side, the landlord, the William Kaufman Organization, facilitated the lease transaction seamlessly. The prime location and size of the office space added value to the deal, making it a notable transaction in the New York office market.
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