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45 W 25th St, New York, NY,...

SiteCompli Leases 11000 Square Feet From Bonobos Guideshops At 45 W 25th St In New York
LEASEDOffice

SiteCompli Leases 11000 Square Feet From Bonobos Guideshops At 45 W 25th St In New York

45 W 25th St, New York, NY, 10010

Building Size

11,000 SF

Asset Type

Office

Closing

Jun 23, 2015

AI

Lease signed for a space measuring 11,000 square feet located at 45 W 25th St, New York, NY, 10010 in the New York market.

Summary of transaction details:

SiteCompli executed the lease under the representation of Kirill Azovtsev from Savills, while Bonobos Guideshops was represented by Christopher Foerch and Jason Perla, with support from Savills Studley. The transaction involved Bonobos subleasing the space.

Players

Kirill Azovtsev

Savills

Broker

$10.3M

vol

28 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