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90 Wooster St, New York, NY...

Mackage Leases Office Space At 90 Wooster St, New York For 4500 Sq Ft
LEASEDOffice

Mackage Leases Office Space At 90 Wooster St, New York For 4500 Sq Ft

90 Wooster St, New York, NY, 10012

Building Size

4,500 SF

Asset Type

Office

Closing

Jan 8, 2020

AI

The office located at 90 Wooster St, New York, NY, 10012, spans 4,500 square feet and was leased on January 8, 2020. The landlord, JSRE Acquisitions, finalized the deal with the tenant, Mackage, represented by Michael Yadgard from Compass.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Tenant: Mackage
  • Tenant's Rep: Michael Yadgard (Compass)
  • Landlord: JSRE Acquisitions
  • Address: 90 Wooster St, New York, NY, 10012
  • Market: New York
  • Square Feet: 4,500

The leasing transaction of the office space was successfully completed, with Michael Yadgard representing Mackage in the agreement with JSRE Acquisitions. This deal exemplifies the business relationships maintained within the New York real estate market.

Players

Michael Yadgard

Compass

Broker

$31.8M

vol

13 deals

Broker
JA
JSRE AcquisitionsLandlord

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