Korres Leases 5500 SF Office Space At 80 Maiden Ln, New York
80 Maiden Ln, New York, NY, 10038
Building Size
5,500 SF
Asset Type
Office
Closing
Jul 19, 2019
AI
The office located at 80 Maiden Ln, New York, NY, 10038, encompassing 5,500 square feet, was leased in a transaction dated July 19, 2019. The landlord, AM Property Holding, facilitated the lease agreement with the tenant, Korres.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Market: New York
- Landlord's Rep: Paul Wasserman(AM Property Holding)
- Tenant: Korres
Paul Wasserman of AM Property Holding represented the landlord in this lease transaction, finalizing the agreement with Korres for the office space at 80 Maiden Ln.
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