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437 W 13th St, New York, NY...

Updated Oct 29, 2024

Romanoff Equities Leases 7600 SF At 437 W 13th St New York With Tenant's Rep Chris DeCrosta
LEASEDOffice

Romanoff Equities Leases 7600 SF At 437 W 13th St New York With Tenant's Rep Chris DeCrosta

437 W 13th St, New York, NY, 10014

Building Size

7,600 SF

Asset Type

Office

Closing

Sep 23, 2016

About this deal

AI

The property involved in this lease transaction is located at 437 W 13th St, New York, NY, 10014. It is part of the New York market and encompasses a total area of 7,600 square feet with a rental rate of $600 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 437 W 13th St, New York, NY, 10014
  • Market: New York
  • Square Feet: 7600
  • Rent/SF: 600
  • Tenant: Not specified
  • Landlord: Romanoff Equities
  • Tenant's Representative: Chris DeCrosta
  • Landlord's Representative: Gregory (Greg) Tannor, Lee & Associates

Key individuals in this transaction include Chris DeCrosta, who represents the tenant, and Gregory (Greg) Tannor from Lee & Associates, acting on behalf of the landlord, Romanoff Equities.

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Players

Christopher DeCrosta

Broker

6 deals

Broker
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Romanoff EquitiesLandlord
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New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $600 per square foot for 7,600 square feet (2016).

Visit Christopher (Chris) DeCrosta to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

26438.33%

Cash-on-Cash

-7556.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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