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441 Lexington Avenue

Entire 19th 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 111/8/2027$69.00$0.00$69.00$16,779$201,342$201,342
Year 211/8/2028$70.72$0.45$71.17$17,307$207,689$409,031
Year 311/8/2029$72.49$0.91$73.41$17,850$214,201$623,231
Year 411/8/2030$74.31$1.39$75.70$18,407$220,882$844,113
Year 511/8/2031$76.16$1.88$78.05$18,978$227,737$1,071,851
Total$1,071,851$1,071,851

Totals

Total rent, 5 years$1,071,851
Present value @ 8%$882,568
Average cost per annum$214,370
Net effective rate per annum @ 8%$213,322
Average cost per SF$73.46
Net effective rate per SF$73.11

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

Lease Analysis — 441 Lexington Avenue