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630 Ninth Avenue New York, ...

Morgane Le Fay Secures 4,422 SF Lease At 630 Ninth Avenue In New York City
LEASEDOffice

Morgane Le Fay Secures 4,422 SF Lease At 630 Ninth Avenue In New York City

630 Ninth Avenue New York, New York 10036, Usa

Building Size

4,422 SF

Asset Type

Office

Closing

Jul 27, 2023

AI

MORGANE LE FAY has secured a new 4,422 square feet lease on the 14th floor of 630 Ninth Ave., also known as The Film Center Building in New York City. The office space, offered by GFP Real Estate, is located in a prime spot in the city.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Square Footage: 4,422 SF
  • Address: 630 Ninth Avenue, New York City
  • Market: New York City

GFP Real Estate, represented by Matthew Mandell, served as the landlord in this lease transaction. The tenant, MORGANE LE FAY, will be occupying the office space on the 14th floor. The deal was facilitated by Joshua Berger of Norman Bobrow & Co, who represented MORGANE LE FAY.

Players

Joshua Berger

Broker

4 deals

Broker

Matthew Mandell

GFP Real Estate

Landlord

$75M

vol

21 deals

Landlord

Saskatoon 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