facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

32 E 23rd St, New York, NY,...

Solil Management Leases 5000 SF Office Space At 32 E 23rd St New York For $250/SF
LEASEDRetail

Solil Management Leases 5000 SF Office Space At 32 E 23rd St New York For $250/SF

32 E 23rd St, New York, NY, 10010

$250

$250/SF

Building Size

5,000 SF

Asset Type

Retail

Closing

Oct 3, 2016

AI

The property involved in this lease transaction is located at 32 E 23rd St, New York, NY, 10010, within the New York market. The total square footage of the property is 5000, with a rent rate of $250 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 32 E 23rd St, New York, NY, 10010
  • Market: New York
  • Square Feet: 5000
  • Rent/SF: 250
  • Landlord: Solil Management
  • Landlord's Rep: Harrison Abramowitz-Newmark Grubb Knight Frank, Jason Pruger-Newmark
  • Tenant: Not disclosed

This lease transaction involved key representatives such as Harrison Abramowitz and Jason Pruger from Newmark Grubb Knight Frank, who acted on behalf of the landlord, Solil Management. The specifics regarding the tenant were not disclosed.

Players

Jason Pruger

Newmark

Broker

12 deals

Broker
Solil Management
Solil ManagementLandlord

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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93