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48 E 30th St, New York, NY,...

Signal AI Leases 11140 Square Feet At 48 E 30th St New York From Samco Properties
LEASEDOffice

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

Brett Harvey

Newmark

Broker

$270M

vol

28 deals

Broker
JLL
JLLBrokerage

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