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64 Murray St, New York, NY,...

Ronald O. Perelman And Claudia Cohen Center For Reproductive Medicine Lease 10547 Square Feet From Jack Resnick & Sons
LEASEDOffice

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

Michael Burgio

Cushman & Wakefield

Broker

8 deals

Broker

Jack Resnick

Sons

Landlord

12 deals

Landlord

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