Impact.com Leases Office Space At 19 E 31st St New York Represented By Eric Cagner
19 E 31st St, New York, NY, 10016
Building Size
18,364 SF
Asset Type
Retail
Closing
Oct 3, 2022
About this deal
AI
The property involved in this transaction is located at 19 E 31st St, New York, NY, measuring 18,364 square feet. It is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 19 E 31st St, New York, NY, 10016
- Square Feet: 18,364
- Tenant: Impact.com
- Landlord: Williams Equities
- Tenant's Representative: Eric Cagner - Newmark
- Landlord's Representative: Charles Roos - Colliers International
This lease transaction showcases the involvement of Impact.com as the tenant, while Williams Equities serves as the landlord in this deal. The transaction was facilitated by Eric Cagner from Newmark representing the tenant and Charles Roos from Colliers International representing the landlord.
On the Map
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · 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