Ronald O. Perelman And Claudia Cohen Center For Reproductive Medicine Lease 10547 Square Feet From Jack Resnick & Sons
64 Murray St, New York, NY, 10007
Building Size
10,547 SF
Asset Type
Office
Closing
Jun 29, 2016
AI
The property involved in this transaction is located at 64 Murray St, New York, NY, 10007. It consists of 10,547 square feet and operates within the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Tenant: Ronald O. Perelman and Claudia Cohen Center for Reproductive Medicine
- Landlord: Jack Resnick & Sons
- Tenant's Representatives: Michael Burgio-Cushman & Wakefield, John Cefaly-Cushman & Wakefield
This lease agreement involves notable representatives from Cushman & Wakefield, with Michael Burgio and John Cefaly facilitating the negotiation for the tenant. The landlord, Jack Resnick & Sons, is the property owner, indicating a professional relationship in the lease structure.
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