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
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.
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