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Two Grand Central

Partial 17th 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$85.00$0.00$85.00$22,327$267,920$267,920
Year 211/8/2028$87.12$0.45$87.57$23,003$276,036$543,956
Year 311/8/2029$89.30$0.91$90.22$23,697$284,363$828,319
Year 411/8/2030$91.54$1.39$92.93$24,409$292,905$1,121,224
Year 511/8/2031$93.82$1.88$95.71$25,139$301,668$1,422,891
Total$1,422,891$1,422,891

Totals

Total rent, 5 years$1,422,891
Present value @ 8%$1,171,830
Average cost per annum$284,578
Net effective rate per annum @ 8%$283,238
Average cost per SF$90.28
Net effective rate per SF$89.86

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

Lease Analysis — Two Grand Central