Signal AI Leases 11140 Square Feet At 48 E 30th St New York From Samco Properties
48 E 30th St, New York, NY, 10016
Building Size
11,140 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property asset involved in this lease transaction is located at 48 E 30th St, New York, NY, 10016. It encompasses a total area of 11,140 square feet and operates within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 11,140
- Tenant: Signal AI
- Landlord: Samco Properties
- Tenant's Representative: Chase Gordon (Avison Young)
- Landlord's Representative: Brett Harvey (JLL)
The transaction involves key individuals representing both parties in the deal. Chase Gordon from Avison Young represents the tenant, Signal AI, while Brett Harvey from JLL represents the landlord, Samco Properties, ensuring the terms of the lease were negotiated on behalf of their respective clients.
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