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167 Avenue A, New York, NY,...

Kushner Companies Leases 3800 Square Feet At 167 Avenue A New York For $150/SF
LEASEDSchool

Kushner Companies Leases 3800 Square Feet At 167 Avenue A New York For $150/SF

167 Avenue A, New York, NY, 10009

$150

$150/SF

Building Size

3,800 SF

Asset Type

School

Closing

Oct 4, 2017

AI

The property asset involved in the transaction is located at 167 Avenue A, New York, NY, 10009. This lease transaction is situated in the New York market and encompasses a total area of 3,800 square feet, with a rent of $150 per square foot.

Summary of transaction details:

The key individuals involved in the deal include Max Swerdloff and James Famularo, who represent the landlord, Kushner Companies, in this lease transaction, facilitating the agreement between the parties involved.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

365 deals

Broker
Kushner Companies
Kushner CompaniesLandlord

New York School Market Snapshot

Boundary boundary · School · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

105753.33%

Cash-on-Cash

-30224.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93