Scienaptic System Leases Office Space At 50 W 47th St In Midtown West With Brokers Jonathan Loloi & Richard Nassimi - The Nassimi Group
50 W 47th St, Manhattan, New York, NY, USA
Building Size
2,750 SF
Asset Type
Office
Closing
Jan 21, 2020
About this deal
AI
The office space located at 50 W 47th St in Midtown West has been leased by Scienaptic System. The lease transaction was facilitated by Jonathan Loloi and Richard Nassimi of The Nassimi Group.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 01/22/2020
- Address: 50 W 47th St
- Market: Midtown West
- Tenant: Scienaptic System
- Brokers: Jonathan Loloi & Richard Nassimi - The Nassimi Group
- Asking Rent: $70/ft. ~ SF: 2,750
This lease transaction took place on 01/22/2020, with Scienaptic System as the tenant. The deal was handled by Jonathan Loloi and Richard Nassimi from The Nassimi Group.
On the Map
Office
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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