Back to the deckLease Analysis

43 West 24th Street

Entire 4th Floor

Assumptions

Base Rent

Operating Expenses

Real Estate Taxes

Operating, tax, and electric figures are illustrative — replaced with the building’s actual amounts when known.

Cash Flow

PeriodYear EndingBase $/SFRE Taxes $/SFTotal $/SFMonthly AvgPer AnnumCumulative
Year 18/30/2027$55.00$0.00$55.00$28,646$343,750$343,750
Year 28/30/2028$56.37$0.45$56.82$29,596$355,156$698,906
Year 38/30/2029$57.78$0.91$58.70$30,572$366,862$1,065,768
Year 48/30/2030$59.23$1.39$60.62$31,573$378,874$1,444,642
Year 58/30/2031$60.71$1.88$62.59$32,600$391,202$1,835,844
Total$1,835,844$1,835,844

Totals

Total rent, 5 years$1,835,844
Present value @ 8%$1,511,277
Average cost per annum$367,169
Net effective rate per annum @ 8%$365,284
Average cost per SF$58.75
Net effective rate per SF$58.45

Every figure above is a projection from the stated assumptions, offered for comparison between options — not a quote of terms.