Cohen Brothers Realty Corporation Leases 8200 SF At 622 3rd Ave New York For $67/SF
622 3rd Ave, New York, NY, 10017
$67
$67/SF
Building Size
8,200 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 622 3rd Ave, New York, NY, 10017. It is situated in the New York market and encompasses 8,200 square feet. The rent per square foot for this lease agreement is $67.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 622 3rd Ave, New York, NY, 10017
- Market: New York
- Square Feet: 8,200
- Rent/SF: $67
- Landlord: Cohen Brothers Realty Corporation
- Broker: James Robbins-CBRE
This lease transaction involves James Robbins from CBRE representing the tenant in the agreement with Cohen Brothers Realty Corporation as the landlord. No specific tenant name was disclosed in the context provided.
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
236761.19%
Cash-on-Cash
-67667.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93