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
$600
$600/SF
Building Size
7,600 SF
Asset Type
Office
Closing
Sep 23, 2016
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.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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