Learfield IMG College Leases 10008 Square Feet At 44 E 34th St New York
44 E 34th St, New York, NY, 10016
Building Size
10,008 SF
Asset Type
Office
Closing
Jan 9, 2020
AI
The property asset involved in this transaction is located at 44 E 34th St, New York, NY, 10016. The leased space has a total area of 10,008 square feet within the New York market. The landlord for this transaction is APF Properties, and the tenant is Learfield IMG College.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 10,008
- Address: 44 E 34th St, New York, NY, 10016
- Market: New York
- Tenant: Learfield IMG College
- Landlord: APF Properties
- Tenant's Representative: Brian Given - Colliers International
- Landlord's Representative: Brittany Silver - Newmark
This transaction reflects the involvement of key representatives in the leasing process. Brian Given from Colliers International represented the tenant, Learfield IMG College, while Brittany Silver from Newmark represented the landlord, APF Properties.
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