Bloomberg Leases 460000 Square Feet At 57 E 41st St New York From Global Holdings
57 E 41st St, New York, NY, 10017
Building Size
460,000 SF
Asset Type
Office
Closing
Nov 14, 2018
About this deal
AI
The leased property is located at 57 E 41st St, New York, NY, 10017. This lease encompasses a total area of 460,000 square feet within the New York market. The tenant in this transaction is Bloomberg, while the landlord is Global Holdings.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 57 E 41st St, New York, NY, 10017
- Market: New York
- Square Feet: 460,000
- Tenant: Bloomberg
- Landlord: Global Holdings
- Tenant's Representative: Craig Reicher, Howard Fiddle - CBRE
- Landlord's Representative: Diana Biasotti - JLL
This transaction involved key representatives with Craig Reicher and Howard Fiddle from CBRE representing Bloomberg, while Diana Biasotti from JLL represented Global Holdings, ensuring a structured deal process for both parties involved.
On the Map
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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