Sprüth Magers Leases Single Family Property At 22 E 80th St, New York
22 E 80th St, New York, NY, 10075
Building Size
2,244 SF
Asset Type
Single Family
Closing
Jan 6, 2022
AI
The single-family property located at 22 E 80th St, New York, NY, 10075, boasts a total of 2,244 square feet. The transaction, a lease agreement, was finalized on January 6, 2022. The landlord's representatives in this deal were Nicholas "Nick" Judson and Wendy McDonald of Judson CRE. The tenant who leased the property is Sprüth Magers, with the landlord identified as Kar Fifth Corp.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: Not Applicable
- Address: 22 E 80th St, New York, NY, 10075
- Market: New York
- Tenant: Sprüth Magers
In this lease transaction, Nicholas "Nick" Judson and Wendy McDonald, from Judson CRE, represented the landlord, Kar Fifth Corp, in securing the deal with Sprüth Magers. The agreement for the property at 22 E 80th St, New York, NY, 10075, covers a space of 2,244 square feet.
Players
New York Single Family Market Snapshot
Boundary boundary · Single Family · 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