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22 E 80th St, New York, NY,...

Sprüth Magers Leases Single Family Property At 22 E 80th St, New York
LEASEDSingle Family

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

Nicholas Judson

Judson CRE

Broker

$43.9M

vol

13 deals

Broker

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