Centerfield Media Inc Leases 9,353 SF Office To Zealthy At 30 Irving Place
30 Irving Place
$60
$60/SF
Building Size
9,353 SF
Asset Type
Office
Closing
Sep 1, 2024
AI
The office asset located at 30 Irving Place in the Gramercy Park market has a total square footage of 9,353 and is leased under a modified gross lease agreement. The asking rent for this property is $60 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $60/ft
- Lease Type: Modified Gross Lease
- Sublandlord: Centerfield Media Inc
- Subtenant: Zealthy
- Landlord's Representative: Jon Kamali - J3K Real Estate
- Tenant's Representative: Stephen Ligambi - Meridian Capital Group
In this transaction, Jon Kamali from J3K Real Estate represents the landlord, while Stephen Ligambi from Meridian Capital Group represents the tenant, facilitating the lease agreement between Centerfield Media Inc and Zealthy.
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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93