Morgan Stanley Leases 49000 SF To The Trade Desk At 40 E 33rd St New York
40 E 33rd St, New York, NY, 10016
$64
$64/SF
Building Size
49,000 SF
Asset Type
Retail
Closing
Jul 14, 2016
AI
The property involved in this transaction is located at 40 E 33rd St, New York, NY, 10016. It is situated in the New York market and encompasses a total area of 49,000 square feet. The rent per square foot for this lease is $64.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 40 E 33rd St, New York, NY, 10016
- Market: New York
- Landlord: Morgan Stanley
- Tenant: The Trade Desk
- Landlord's Representative: Ken Meyerson (CBRE)
- Rent/SF: $64
- Square Feet: 49,000
The key individuals involved in this lease include Ken Meyerson of CBRE representing the landlord, Morgan Stanley, and the tenant, The Trade Desk, who has secured the property at the stated location. This transaction reflects the partnership dynamics between the landlord and tenant within the New York market context.
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
247859.38%
Cash-on-Cash
-70838.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93