facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

379 Park Ave S, New York, N...

Elie Reiss Of Skylight Leasing Represents Tenant In Lease At 379 Park Ave S, New York
LEASEDRetail

Elie Reiss Of Skylight Leasing Represents Tenant In Lease At 379 Park Ave S, New York

379 Park Ave S, New York, NY, 10016

Building Size

8,732 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 379 Park Ave S, New York, NY, 10016. It encompasses a total area of 8,732 square feet and is situated within the New York market. The landlord for this property is ATCO Properties.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 379 Park Ave S, New York, NY, 10016
  • Market: New York
  • Square Feet: 8732
  • Landlord: ATCO Properties
  • Tenant's Representative: Elie Reiss - Skylight Leasing

The lease transaction involves key representation by Elie Reiss of Skylight Leasing, acting on behalf of the tenant. ATCO Properties serves as the landlord in this deal, facilitating the leasing arrangement on the property at 379 Park Ave S.

Players

Elie Reiss

Skylight Leasing

Broker

10 deals

Broker
ATCO Properties & Management
ATCO Properties & ManagementBrokerage
ATCO Properties & Management
ATCO Properties & 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93