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79 5th Ave, New York, NY, 1...

Capgemini America Leases 43000 Sq Ft At 79 5th Ave New York From A & R Kalimian Realty
LEASEDOffice

Capgemini America Leases 43000 Sq Ft At 79 5th Ave New York From A & R Kalimian Realty

79 5th Ave, New York, NY, 10003

$79

$79/SF

Building Size

43,000 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The lease transaction involved a property located at 79 5th Ave, New York, NY, in the New York market. The total square footage of the property is 43,000 and the rent per square foot is $79.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 79 5th Ave, New York, NY, 10003
  • Market: New York
  • Landlord: A & R Kalimian Realty
  • Tenant: Capgemini America
  • Landlord's Representative: Howard Dolch - Lansco

The lease was executed between Capgemini America as the tenant and A & R Kalimian Realty as the landlord, with Howard Dolch from Lansco representing the landlord in this transaction.

Players

Howard Dolch

Lansco

Broker

1 deal

Broker
JLL
JLLBrokerage
CA
Capgemini AmericaTenant

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

200797.47%

Cash-on-Cash

-57388.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93