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230 Park Avenue

Floor 18

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 17/7/2027$82.00$0.00$82.00$84,733$1,016,800$1,016,800
Year 27/7/2028$84.05$0.45$84.50$87,317$1,047,800$2,064,600
Year 37/7/2029$86.15$0.91$87.06$89,967$1,079,603$3,144,203
Year 47/7/2030$88.31$1.39$89.70$92,686$1,112,230$4,256,433
Year 57/7/2031$90.51$1.88$92.40$95,475$1,145,702$5,402,134
Year 67/7/2032$92.78$2.39$95.16$98,337$1,180,041$6,582,175
Year 77/7/2033$95.09$2.91$98.01$101,272$1,215,270$7,797,445
Year 87/7/2034$97.47$3.45$100.92$104,284$1,251,412$9,048,857
Year 97/7/2035$99.91$4.00$103.91$107,374$1,288,491$10,337,348
Year 107/7/2036$102.41$4.57$106.98$110,544$1,326,532$11,663,880
Total$11,663,880$11,663,880

Totals

Total rent, 10 years$11,663,880
Present value @ 8%$7,910,415
Average cost per annum$1,166,388
Net effective rate per annum @ 8%$1,144,075
Average cost per SF$94.06
Net effective rate per SF$92.26

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

Lease Analysis — 230 Park Avenue