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939 Madison Ave, New York, ...

Updated Oct 29, 2024

Moynat Leases 2200 Square Feet At 939 Madison Ave New York With Eric LeGoff As Tenant's Rep
LEASEDSingle Family

Moynat Leases 2200 Square Feet At 939 Madison Ave New York With Eric LeGoff As Tenant's Rep

939 Madison Ave, New York, NY, 10021

Building Size

2,200 SF

Asset Type

Single Family

Closing

Sep 29, 2015

About this deal

AI

The property involved in this transaction is located at 939 Madison Ave, New York, NY, 10021. The leased space spans 2,200 square feet in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 939 Madison Ave, New York, NY, 10021
  • Square Feet: 2,200
  • Tenant: Moynat
  • Tenant's Representative: Eric LeGoff (Cushman & Wakefield)
  • Broker: James Downey (Cushman & Wakefield)
  • Landlord: JZS Madison
  • Landlord's Representatives: Ariel Schuster, Jackie Totolo, Brandon Elias (RKF), Joel Isaacs, Joshua Lewin (Isaacs and Co)

James Downey and Eric LeGoff represented the tenant Moynat in this lease transaction, while the landlord JZS Madison was represented by Ariel Schuster, Jackie Totolo, Brandon Elias from RKF, and Joel Isaacs, Joshua Lewin from Isaacs and Co.

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Players

Eric Le Goff

Retail By Mona

Broker

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New York Single Family Market Snapshot

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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

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