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875 Washington St, New York...

ASB Real Estate Investments Leases 3707 SF At 875 Washington St, New York To Breather
LEASEDOffice

ASB Real Estate Investments Leases 3707 SF At 875 Washington St, New York To Breather

875 Washington St, New York, NY, 100...

$90

$90/SF

Building Size

3,707 SF

Asset Type

Office

Closing

May 3, 2017

AI

The property asset involved in this transaction is located at 875 Washington St, New York, NY, covering a total area of 3,707 square feet. The market value is situated in New York with a rent price per square foot set at $90.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Address: 875 Washington St, New York, NY, 100...
  • Landlord: ASB Real Estate Investments
  • Tenant: Breather
  • Landlord's Representative: Adam Rappaport (Jack Resnick & Sons)

The deal involves Breather as the tenant negotiating with ASB Real Estate Investments as the landlord. Adam Rappaport representing the landlord facilitated the transaction through Jack Resnick & Sons.

Players

Ramsey Feher

CBRE

Broker

6 deals

Broker
ASB Real Estate Investments
ASB Real Estate InvestmentsLandlord

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

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93