SL Green Realty Corp Leases 82557 Square Feet To Tenant Represented By MHP Real Estate Services
711 3rd Ave, New York, NY, 10017
Building Size
82,557 SF
Asset Type
Office
Closing
Dec 10, 2019
AI
The property involved in this transaction is located at 711 3rd Ave, New York, NY, 10017. It consists of 82,557 square feet and is situated within the New York market. The landlord for this lease is SL Green Realty Corp.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 711 3rd Ave, New York, NY, 10017
- Market: New York
- Square Feet: 82,557
- Landlord: SL Green Realty Corp.
- Tenant's Representatives: Joseph Friedman, David Sturner, Jessica Tenenbaum - MHP Real Estate Services
The tenant's representatives in this lease transaction are Joseph Friedman, David Sturner, and Jessica Tenenbaum, all affiliated with MHP Real Estate Services, indicating a collaborative effort from their team to secure the lease for their client.
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