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.
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