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595 11th Ave, New York, NY,...

Updated Oct 29, 2024

Hunt Slonem Leases 37151 Square Feet At 595 11th Ave, New York With Carri Lyon As Tenant's Rep
LEASEDOffice

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

About this deal

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.

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Players

Carri Lyon

Cushman & Wakefield

Broker

$89.4M

vol

19 deals

Broker
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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

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