Schwartz Levine Stark Leases 3800 Square Feet At 630 3rd Ave New York From ATCO Properties
630 3rd Ave, New York, NY, 10017
Building Size
3,800 SF
Asset Type
Office
Closing
Dec 7, 2021
About this deal
AI
The lease transaction involves a property located at 630 3rd Ave, New York, NY, 10017. The total square footage of the leased space is 3,800 square feet, situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Schwartz Levine Stark
- Landlord: ATCO Properties & Management
- Tenant's Representative: Jason Roberts - JLL
This transaction highlights the involvement of ATCO Properties & Management as the landlord and Jason Roberts from JLL representing the tenant, Schwartz Levine Stark, in the deal.
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