EFTA01915257.pdf

114 EAST 25TH ST 114 EAST 25TH STREET NEUEHOUSE & 24-EXTENDED STAY RESIDENCES ()MITCHELL HOLDINGS LI.0 I July 16, 2014, Confidential I 801 Madison A.M., Now York, NY 10065 I (T) 212-486-4444 I (F) 212-3204474 EFTA_R1_00354305 EFTA01915257  USPS pcowsmon tom Assupumoss Lit Operty Mint 114 CM 25th 51 Putnam Pries 36.500,000 74.1% 739.12 1.0.30 An,osot 28.000,000 589% 567.00 Asset 'We Commertisl E.tencled.Stay Uses 3,354,000 6.5% CIPsinp pep manst New York WY ease Iluitles Costs 4,938,300 20.0% 1. Rate • Type 196•4 ROO.* Grog ft 49.1133 salt Can 1.2% 12.15 I/O.119000 Gross Extend.allay etr Flow 3.354 15%) 044.40tron Cost* 1,43.002 28.35 I/O- Role T.00% cress romde0-Stey 13,416 Jistaetst Relere 2.60O%%9 49.61, Monett of blended-5W Volts 24 Total Use 09424&10° 10/ Ronn1rg Period 6 worth.: Apo(oval Perod 3 worths N9 453740 17 005µT5 1.45-010 5OURC85 4~1 16:56 Period IrCet strut el' tsemord 60.6y 37.42% 440464ion L0i 56.9% 5671 Op-atoml Perm, 1 north. Mt Pv&4 29,674.064 :114‘. 430 15 Nulty 21.242.300 Total Sources oodt.i.300 Commerce' Leese udple 2 40 x Investment *Sr 8/1/14 011111 51111 Deneolvneril Cats %MR Me POOR Pl kee AneruM Rent &MAW Curtest 0.0% 42.87% 35,432.064 2.67 a Ifeuetatert: Lower Level 0 0 99,525 Vacancy Pam 2.5% 41.54% 33,994.160 2.60 1419trOVRE IN Flaw 0 0 773,100 5.0% 10.19% 32,555.456 2.53x filothotaie; 2nd. 78.-12111 Floor 100. 0 0 1.643.460 7.5% 31,116.752 2.46 rrownov!re *001 0 0 167.100 1n 0, LfiL111 12.5% 35,99% 26,239.344 2.33 a .teroter-Stay: NO-61A floor (monthly rate) 0 0 2490000 15.0% 34.54% 26,800.640 2.26x /scanty JO 01-- 0 0 284.009 17.5% 33.08% 25,361.936 2.19x volcrel of enendod.Seay 2,592.000 2 592 000 20.0% 31.55% 23,923.232 2.13. c#o loam* 0 0 5.275.765 OPenrtar2 CepeMeS of Ext8-4140.56ay Its alM / 75 per lost per clay Vacancy Puraraw Mee Daly Rear tun Orr 4$ $0 o • 394,200 -394,200 37.000.000 37.500.000 38.000.000 FIRE Recracessent 20 0 47.600 47.600 0.00% 35.433.864 34.932,864 34.432.464 33.932,864 Chalks 0 43.600 43.802 2.50% 33.994,160 33.494,160 32.544.160 32.494.160 Cssloner Aquiistron 0 43,640 43.900 5.00% 31,555456 32.016.416 34515,434 31.010,416 0 NOM. 0 47600 -87.600 7.50% 31.116.752 30.616.752 30,116.752 21.616.712 Subteral of tatended-51.4. Operatisa FApemei 457.000 457.000 29.176048 28,678.0413 28.178.048 lelenRaement Fen 10 hieorhOuve 760 77.760 12.50% 28,219,344 27,739,344 27,239,344 26,739,344 OP Sermon-es of Orodno (eat) -641.979 15.00% 26.800,640 26.30%640 2%1300.640 25,300,640 Taal Eape •1.176.739 17.50% 15,361,936 24.661.036 24,361,936 23.861.934 DORIC 21t.12!it 2000% 73.923 732 23 471,232 22 973 237 72 471 73) NIT OPERATING 1.103068 0 3,099,046 Sala ' Ac9psfOol LAM 28,000,000 0 28,000.001 IS resin "leanly Rate fn.) Med Costill RSORY 21.242.300 0 .NZ.Mt ;5540 Told It 10)00 350 00 400 00 P.NOude Price 49242.103 -36,500.000 0 0 SIM -36,500.030 2.50% 2.50% 35.411.344 32,555,456 34.762.064 33.323.360 3409426/ 33.420.464 32,652.560 31.9131.760 Ellentleel.Stay (MOO 0 5.00% 32,555,456 31,884,656 31,213,856 30,543,056 Base thablog Casts 4,930100 0 31.116.752 30.445,952 29,775.152 39301,352 Soft Costs 0 400.000 29.007.248 28,326,44$ 27.665.644 5%17,0040A" Call 0 .1.400.000 12.50% a,239,344 27.544.544 26..097.744 26.226,944 Rotel CosH 46.792.100 0 1500% 26.800.640 26.121.840 25.459.040 N.7$8.240 0 17.50% 25,364936 24.691,136 24,020.336 23.341.536 t4lnC*al Ba 6,000000 •28 000 000 0 0 20.00% 23.923.232 23.712,432 22.581.632 21.910,837 IMwni Reserve ,450.000 -2,450000 MOW Pen% 0 0 -1.400.000 Pay911 0 0 SIM 29 400 COO MN of Nada% (3 140) 0 0 77300.920 Sale Owing Costs 2%) 0 0 -1,559.618 NN 5414 0 0 76.4 1.302 W7 ial Retvm of EqrStY 0 0 21,24 300 .21,242.300 29,670,048 ® MIK140.1 MOLDINGS LtC I MN 14, 2014, Coniscientisi I lot Madsen Aveave. Na. Yoe*, NY 10063 I (T) 212.1 41-41444 1 (P) 282-320. 474 EFTA_R1_00354306 EFTA01915258  Floor Ceilino Height (to bottom of beam) Ceiling Height (to slab) Gross SF Neuehouse Basement 10' 3* 3,981 Ground 18' l' 20' 5,154 Mezzanine - 2nd Floor 10' 2' 11' Er' 3,354 Extended-Stay 3rd F100r 9' 1' 10' Ilr 3,354 4th Floor T 1' 10' B' 3,354 5th Floor T 1' 10' 8' 3,354 6th Floor W 1' 10' 8' 3,354 Neuehouse 7th Floor 9' r 10. 8' 3,354 8th Floor W V 10' 8' 3,354 9th Floor W 1' 10' 8' 3,354 10th Floor 9. L' 10' 8' 3,354 11th Floor T t• 1w B' 3,354 12th Floor 9' 1' 11' r 3,354 Roof TV 11' 7' 3,354 49,383 @MITCHELL HOLDINGS NC I July 16, 2014, Confidential I 801 Madison Avenue, New York, NY 10065 I (7) 212-486-4444 I (F) 212-320-0474 EFTA_R1_00354307 EFTA01915259