BTG Pactual Leases 31401 Square Feet At 601 Lexington Ave New York With Brian Goldman As Representative
601 Lexington Ave, New York, NY, 100...
Building Size
31,401 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this lease transaction is located at 601 Lexington Ave, New York, NY. The market value pertains to New York, and the leased space encompasses an area of 31,401 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 601 Lexington Ave, New York, NY, 100...
- Tenant: BTG Pactual
- Landlord: Boston Properties
- Tenant's Representative: Brian Goldman - CapRock Real Estate
- Square Feet: 31,401
This transaction features key individuals and entities, including the tenant BTG Pactual, represented by Brian Goldman from CapRock Real Estate, while the landlord is Boston Properties. The lease underscores the commitment of all parties to fulfill their respective roles in this transaction.
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