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437 Madison Ave, New York, ...

Lauren Davidson Of Transwestern Represents Tenant In Office Lease At 437 Madison Ave
LEASEDOffice

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

Lauren Davidson

Transwestern

Broker

6 deals

Broker

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