PatientPoint Leases 19093 Square Feet At 19 West 34th Street In Manhattan
19 West 34th Street
Building Size
19,093 SF
Asset Type
Office
Closing
Feb 3, 2025
AI
The property is located at 19 West 34th Street in Manhattan, consisting of office space totaling 19,093 square feet. PatientPoint has secured a lease for the entire 12th floor, moving from its previous location at 60 East 42nd Street. The asset is under the management of PRD Realty.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 19,093
- Address: 19 West 34th Street
- Market: Manhattan
- Landlord: PRD Realty
- Tenant: Sean Slovenski - PatientPoint
- Landlord's Rep: Jared Horowitz & William Grover - Newmark
- Tenant's Rep: James Gale & Nick Greiwe
PatientPoint is a digital health firm that connects patients with doctors and life sciences companies. The negotiation for the lease was handled by CBRE’s James Gale and Nick Greiwe on behalf of PatientPoint.
Players
Ashtabula Office Market Snapshot
Boundary boundary · Office · 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