Parkinson's Wellness Foundation Leases Office Space At 133 East 58th Street For 10 Years
133 East 58th Street
$65
$65/SF
Building Size
6,733 SF
Asset Type
Office
Closing
Feb 18, 2025
AI
The property involved in this transaction is an office space located at 133 East 58th Street in Manhattan. It encompasses a total of 6,733 square feet and is structured under a single net lease for a term of 10 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Jack Resnick & Sons, Inc
- Tenant: Parkinson's Wellness Foundation
- Landlord's Representative: Brett Greenberg & Fran Delgorio
- Tenant's Representative: Marc Shulman & Adelaide Polsinelli - Compass
In this lease transaction, Jack Resnick & Sons, Inc serves as the landlord while Parkinson's Wellness Foundation is the tenant. The deal was facilitated with the assistance of their respective representatives, Brett Greenberg and Fran Delgorio for the landlord, and Marc Shulman and Adelaide Polsinelli from Compass representing the tenant.
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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93