Meagan Bonan Represents Tenant In 1825 SF Office Lease In New York
845 3rd Ave, New York, NY, 10022
Building Size
1,825 SF
Asset Type
Office
Closing
Aug 28, 2022
About this deal
AI
The property involved in the transaction is located at 845 3rd Ave, New York, NY, 10022. This office asset spans 1,825 square feet and is part of a 21-story building with a total area of 365,000 square feet. The market for this property is New York.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Date: 08/28/2022
- Tenant: Mezeh Mediterranean Grill
- Landlord: Rudin Management Company
- Tenant's Representative: Meagan Bonan-Cushman & Wakefield
- Landlord's Representative: Robert Steinman
- Square Feet: 1,825
The deal involves key representatives from Cushman & Wakefield, including Michael Azarian, Meagan Bonan, and James Ariola, who represented Mezeh Mediterranean Grill. Robert Steinman, Senior Vice President at Rudin Management Company, acted on behalf of the building ownership in this transaction.
On the Map
Office
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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