Vidy Inc. Leases Office Space At 15-17 West 18th Street In Flatiron District
15 W 18th St #17, New York, NY 10011, USA
Building Size
5,312 SF
Asset Type
Office
Closing
Jul 21, 2019
About this deal
AI
The office property located at 15-17 West 18th Street in the Flatiron District has been involved in a closed transaction. The asset spans 5,312 square feet and is situated in a prime location. The property was marketed as an office space.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Asking Rent: $26,000
- Price per Square Foot: $58.73
Vidy Inc. is the tenant of this property. The landlord is FIRST FLATIRON LLC, represented by Jake Namer. The tenant was represented by Shyne Mirella Fabros from NestSeekers. Devon T. Binns served as the seller's representative in the transaction.
On the Map
Office
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Players
New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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