Liberum Capital Inc. Leases 6104 Square Feet At 575 5th Ave New York From MetLife
575 5th Ave, New York, NY, 10017
Building Size
6,104 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 575 5th Ave, New York, NY, 10017. It encompasses a total of 6,104 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Landlord: MetLife
- Landlord's Representative: Jim McCaffrey-Cushman & Wakefield
- Tenant: Liberum Capital Inc.
The transaction represents the leasing activity between MetLife as the landlord and Liberum Capital Inc. as the tenant, facilitated by Jim McCaffrey from Cushman & Wakefield serving as the landlord's representative.
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