Eurazeo Leases 14,079 Square Feet At 745 5th Ave New York From Paramount Group
745 5th Ave, New York, NY, 10151
Building Size
14,079 SF
Asset Type
Office
Closing
Aug 26, 2021
About this deal
AI
The lease property located at 745 5th Ave, New York, NY, offers a total square footage of 14,079. It is situated in the New York market. The landlord for this transaction is Paramount Group.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 745 5th Ave, New York, NY, 10151
- Market: New York
- Tenant: Eurazeo
- Landlord: Paramount Group
- Tenant's Representative: Chase Gordon - Avison Young
- Square Feet: 14,079
The transaction involves tenant Eurazeo, which is represented by Chase Gordon from Avison Young. The landlord, Paramount Group, manages the property in the New York market.
On the Map
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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