GFP Real Estate Leases 27000 Square Feet At 310 W 39th St In New York
310 W 39th St, New York, NY, 10018
Building Size
27,000 SF
Asset Type
Retail
Closing
Aug 9, 2022
AI
The property asset involved in this lease transaction is located at 310 W 39th St, New York, NY, 10018. It comprises a total of 27,000 square feet, with the market identified as New York. The landlord for this transaction is GFP Real Estate.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 310 W 39th St, New York, NY, 10018
- Square Feet: 27,000
- Market: New York
- Landlord: GFP Real Estate
- Landlord's Representative: Brian Ezratty - Newmark
- Tenant: Not specified
The key individuals involved in this deal include Brian Ezratty, who represents the landlord through Newmark. The tenant details have not been provided in this transaction.
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