LEASEDOffice
Knotel Leases 23500 Square Feet At 6 W 48th St New York Represented By Elie Reiss And Amanda Bockman
6 W 48th St, New York, NY, 10036
Building Size
23,500 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
6 W 48th St, New York, NY, 10036 is a leased property with a total area of 23,500 square feet situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Knotel
- Landlord: Charter Management Group
- Tenant's Representative: Elie Reiss (Skylight Leasing)
- Landlord's Representative: Amanda Bockman (JLL)
This lease transaction involved key representations, with Elie Reiss acting on behalf of the tenant, Knotel, and Amanda Bockman representing the landlord, Charter Management Group.
On the Map
Office
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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