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845 3rd Ave, New York, NY, ...

Updated Oct 29, 2024

Lee & Associates NYC Leases 26000 Square Feet At 845 3rd Ave New York From Kroll Bond Rating Agency
LEASEDOffice

Lee & Associates NYC Leases 26000 Square Feet At 845 3rd Ave New York From Kroll Bond Rating Agency

845 3rd Ave, New York, NY, 10022

Building Size

26,000 SF

Asset Type

Office

Closing

Feb 15, 2019

About this deal

AI

The property located at 845 3rd Ave, New York, NY, is a leased space spanning 26,000 square feet. The transaction occurs in the New York market, involving Kroll Bond Rating Agency as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Disclosed
  • Address: 845 3rd Ave, New York, NY, 10022
  • Market: New York
  • Tenant: Lee & Associates NYC
  • Tenant's Representative: James Wacht - Lee & Associates NYC
  • Landlord: Kroll Bond Rating Agency
  • Square Feet: 26,000

The lease was facilitated by James Wacht from Lee & Associates NYC, representing the tenant in this transaction, and reflects the operational needs of Lee & Associates NYC in the area.

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Players

James Wacht

Lee & Associates

Broker

1 deal

Broker
Lee & Associates
Lee & AssociatesTenant
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New York Office Market Snapshot

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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

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