Hunt Slonem Leases 37151 Square Feet At 595 11th Ave, New York With Carri Lyon As Tenant's Rep
595 11th Ave, New York, NY, 10036
Building Size
37,151 SF
Asset Type
Office
Closing
Mar 31, 2022
AI
The property involved in this transaction is a lease located at 595 11th Ave, New York, NY, 10036. It is situated in the New York market and encompasses a total of 37,151 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Provided
- Address: 595 11th Ave, New York, NY, 10036
- Market: New York
- Square Feet: 37,151
- Tenant: Hunt Slonem
- Landlord: Marin Management
- Tenant's Representative: Carri Lyon (Cushman & Wakefield)
This transaction features Hunt Slonem as the tenant and Marin Management as the landlord, facilitated by tenant's representative Carri Lyon from Cushman & Wakefield. This involvement indicates the collaboration between experienced parties in executing the lease agreement.
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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