Rohatyn Group Leases 10,317 Square Feet From EQ Office At 65 W 55th St New York
65 W 55th St, New York, NY, 10019
Building Size
10,317 SF
Asset Type
Office
Closing
Oct 29, 2018
AI
The property involved in the transaction is located at 65 W 55th St, New York, NY, 10019, within the New York market. The total square footage of the asset is 10,317 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Rohatyn Group
- Landlord: EQ Office
- Tenant's Representative: Dan Gronich-Newmark Grubb Knight Frank
- Broker: Larry Zuckerman-Newmark Grubb Knight Frank
The deal includes representation from Dan Gronich of Newmark Grubb Knight Frank for the tenant, while Larry Zuckerman from the same agency acts as the broker in this transaction, ensuring that both parties have professional support in the lease arrangement.
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