Abraham Talassazan Leases 5,200 SF Office At 155 5th Avenue To Maniere De Voir
155 5th Avenue
$1
$1/SF
Building Size
5,200 SF
Asset Type
Retail
Closing
Oct 23, 2024
AI
The property involved in this transaction is an office asset located at 155 5th Avenue in the Flatiron market. The total square footage of the office space is 5,200. The lease type for this transaction is categorized as an Office Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Specified
- Address: 155 5th Avenue
- Market: Flatiron
- Landlord: Abraham Talassazan
- Tenant: Maniere De Voir
- Landlord's Representative: Steven Evans & Joseph Zalta - Platinum Properties
- Tenant's Representatives: George Skaliarinis - KSR & Sonny Braha - Crown Onyx Advisors
This lease transaction involves key representatives who played significant roles in facilitating the deal. The landlord was represented by Steven Evans and Joseph Zalta from Platinum Properties, while the tenant was represented by George Skaliarinis from KSR and Sonny Braha from Crown Onyx Advisors.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93