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
About this deal
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:
- Property Type: Lease
- Transaction Amount: $150 per square foot
- Square Feet: 3,800
- Address: 167 Avenue A, New York, NY, 10009
- Market: New York
- Landlord: Kushner Companies
- Landlord's Rep: Max Swerdloff, James Famularo - Meridian Capital Group
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.
On the Map
$150
$150/SF
School
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Players
New York School Market Snapshot
Boundary boundary · School · Lease transactions
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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