Metro PCS Leases 750 Square Feet At 55 W 14th St New York With Landlord Milford Management
55 W 14th St, New York, NY, 10011
Building Size
750 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in the transaction is located at 55 W 14th St, New York, NY, 10011. The lease pertains to a space measuring 750 square feet in the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 55 W 14th St, New York, NY, 10011
- Market: New York
- Tenant: Metro PCS
- Landlord: Milford Management
- Tenant's Representative: James Famularo - Meridian Capital Group
The key individuals involved in the transaction include James Famularo representing the tenant, Metro PCS. Milford Management acts as the landlord in this lease agreement.
On the Map
Office
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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