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65 W 55th St, New York, NY,...

Rohatyn Group Leases 10,317 Square Feet From EQ Office At 65 W 55th St New York
LEASEDOffice

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:

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

Dan Gronich

Newmark

Broker

2 deals

Broker
EO
EQ OfficeLandlord

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