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45 E 58th St, New York, NY,...

Pronovias Leases Single Family Property At 45 E 58th St, New York
LEASEDSingle Family

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

Lindsay Zegans

Ripco

Broker

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