facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

711 3rd Ave, New York, NY, ...

Ricoh USA Leases 30469 Square Feet At 711 3rd Ave From SL Green Realty Corp
LEASEDOffice

Ricoh USA Leases 30469 Square Feet At 711 3rd Ave From SL Green Realty Corp

711 3rd Ave, New York, NY, 10017

Building Size

30,469 SF

Asset Type

Office

Closing

Mar 14, 2017

AI

The property involved in this transaction is located at 711 3rd Ave, New York, NY, 10017. It is situated in the New York market and has a total area of 30,469 square feet. The tenant in this lease is Ricoh USA, while the landlord is SL Green Realty Corp.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 711 3rd Ave, New York, NY, 10017
  • Market: New York
  • Tenant: Ricoh USA
  • Landlord: SL Green Realty Corp.
  • Square Feet: 30,469
  • Tenant's Representative: Joseph Mangiacotti, Kurt Burdack, Carolyn Sica - CBRE

This transaction highlights the involvement of key representatives from CBRE, where Joseph Mangiacotti, Kurt Burdack, and Carolyn Sica represented Ricoh USA in the lease agreement with SL Green Realty Corp., the landlord.

Players

Carolyn Sica

CBRE

Broker

1 deal

Broker
SL Green
SL GreenLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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