Dig Inn Leases Office Space At 463 7th Ave, New York For $350/SF
463 7th Ave, New York, NY, 10018
$350
$350/SF
Building Size
3,156 SF
Asset Type
Office
Closing
Mar 8, 2018
About this deal
AI
The property involved in this transaction is an office asset located at 463 7th Ave, New York, NY, 10018. The total square footage of the property is 3,156 square feet, and the rent per square foot is $350. The transaction took place within the New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 463 7th Ave, New York, NY, 10018
- Market: New York
- Tenant: Dig Inn
- Landlord: Adams & Co.
- Tenant's Representative: Michael Cohen-Newmark
The key individuals involved in this transaction include the landlord Adams & Co. and the tenant represented by Michael Cohen from Newmark, who facilitated the leasing process for Dig Inn.
On the Map
$350
$350/SF
Office
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Players
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Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
45322.86%
Cash-on-Cash
-12953.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93