Cachet Industries Leases 5970 Square Feet At 463 7th Ave New York From The Arsenal Company
463 7th Ave, New York, NY, 10018
$54
$54/SF
Building Size
5,970 SF
Asset Type
Office
Closing
Jul 4, 2017
AI
The property involved in this transaction is located at 463 7th Ave, New York, NY, 10018. It is part of the New York market and has a total square footage of 5,970. The rent per square foot is set at $54.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 463 7th Ave, New York, NY, 10018
- Market: New York
- Tenant: Cachet Industries
- Landlord: The Arsenal Company
- Tenant's Rep: Jason Birk - Olmstead Properties
This transaction features Cachet Industries as the tenant, with Jason Birk from Olmstead Properties representing the tenant's interests. The landlord in this lease agreement is The Arsenal Company.
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
293759.26%
Cash-on-Cash
-83957.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93