Zola Leases 30000 Square Feet At 7 World Trade Center With Tenant's Rep Marcus Rayner
7 World Trade Center, New York, NY, 1...
Building Size
30,000 SF
Asset Type
Office
Closing
Jan 17, 2019
AI
The property asset involved in this transaction is located at 7 World Trade Center, New York, NY. The lease covers an area of 30,000 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 7 World Trade Center, New York, NY
- Market: New York
- Square Feet: 30,000
- Tenant: Zola
- Tenant's Rep: Marcus Rayner - Colliers International
- Broker: David Caperna - Brookfield
The deal involves key representatives such as Marcus Rayner from Colliers International representing the tenant, Zola, and David Caperna from Brookfield acting as the broker in the transaction.
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