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919 3rd Ave, New York, NY, ...

Bloomberg LP Leases 191000 Square Feet At 919 3rd Ave From SL Green Realty Corp
LEASEDOffice

Bloomberg LP Leases 191000 Square Feet At 919 3rd Ave From SL Green Realty Corp

919 3rd Ave, New York, NY, 10022

Building Size

191,000 SF

Asset Type

Office

Closing

Dec 6, 2021

AI

The property involved in this lease transaction is located at 919 3rd Ave, New York, NY, 10022. It has a total square footage of 191,000. The market for this property is New York, and it is being occupied by Bloomberg LP, while SL Green Realty Corp. serves as the landlord.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 919 3rd Ave, New York, NY, 10022
  • Market: New York
  • Square Feet: 191,000
  • Tenant: Bloomberg LP
  • Landlord: SL Green Realty Corp.
  • Tenant's Representative: Craig Reicher (CBRE), Howard Fiddle (CBRE)
  • Landlord's Representative: Alexander (Alex) D’Amario (CBRE), Emily Chabrier (CBRE)

The representatives for the tenant, Craig Reicher and Howard Fiddle, are both affiliated with CBRE. The landlord's representatives, Alexander (Alex) D’Amario and Emily Chabrier, also represent SL Green Realty Corp. in this transaction.

Players

Emily Jones Chabrier

CBRE

Broker

15 deals

Broker
SL Green
SL GreenLandlord

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