Pronovias Leases Single Family Property At 45 E 58th St, New York
45 E 58th St, New York, NY, 10022
Building Size
10,035 SF
Asset Type
Single Family
Closing
Aug 17, 2018
AI
The single-family property located at 45 E 58th St, New York, NY, 10022, in the New York market, was leased on 08/17/2018. The asset encompasses 10,035 square feet and was leased to Pronovias. The tenant's representative was Madeline Naro of RXR Realty, while the landlord's representatives were Lindsay Zegans of Ripco and Richard Skulnick, representing 480 Park Avenue Corp.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: Not Available
- Tenant: Pronovias
- Tenant's Rep: Madeline Naro(RXR Realty)
- Landlord: 480 Park Avenue Corp.
- Landlord's Reps: Lindsay Zegans(Ripco), Richard Skulnick()
- Square Feet: 10,035
- Address: 45 E 58th St, New York, NY, 10022
- Market: New York
The deal involved the tenant Pronovias, represented by Madeline Naro of RXR Realty, and the landlord 480 Park Avenue Corp., with Lindsay Zegans from Ripco and Richard Skulnick as the landlord's representatives. The lease was for the single-family property, which spans 10,035 square feet in the prime location of New York.
Players
New York Single Family Market Snapshot
Boundary boundary · Single Family · Lease transactions
Loading comparables…
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