The Bridgespan Group Leases Space From Samco Properties At 333 7th Ave New York
333 7th Ave, New York, NY, 10001
Building Size
—
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 333 7th Ave, New York, NY, 10001, within the New York market. The tenant, The Bridgespan Group, has leased space managed by landlord Samco Properties. The transaction does not specify a square footage amount.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 333 7th Ave, New York, NY, 10001
- Market: New York
- Tenant: The Bridgespan Group
- Landlord: Samco Properties
- Tenant's Representative: Mark Toubin (Cresa New York)
- Landlord's Representative: Joshua Smith
This lease transaction highlights the involvement of Mark Toubin representing The Bridgespan Group and Joshua Smith representing Samco Properties. Their roles were crucial in facilitating the agreement between the tenant and landlord.
On the Map
Retail
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Players
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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