LEASEDOffice
Leader Berkon Colao & Silverstein Leases Office Space At 630 3rd Ave, New York
630 3rd Ave, New York, NY, 10017
Building Size
10,193 SF
Asset Type
Office
Closing
Oct 25, 2019
AI
The office located at 630 3rd Ave, New York, NY, 10017, has been leased to Leader Berkon Colao & Silverstein. The property spans 10,193 square feet and is under the ownership of ATCO Properties & Management.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: Leader Berkon Colao & Silverstein
- Landlord: ATCO Properties & Management
- Tenant's Rep: Stephen Gordon
- Market: New York
The leasing deal was facilitated with the assistance of Stephen Gordon, who served as the tenant's representative in the transaction.
Players
ATCO Properties & ManagementBrokerage
ATCO Properties & ManagementLandlord
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