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15 West 27th Street

Seedtag Advertising US, LLC Leases Office Space At 13-15 West 27th Street In NoMad
LEASED

Seedtag Advertising US, LLC Leases Office Space At 13-15 West 27th Street In NoMad

15 West 27th Street

$72

$72/SF

Building Size

5,909 SF

Asset Type

Closing

Mar 7, 2020

AI

The office property located at 13-15 West 27th Street in NoMad has been leased. The tenant, Seedtag Advertising US, LLC, has entered into a lease agreement for the space. The property spans a total of 5,909 square feet and the asking rent was $72 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Tenant: Seedtag Advertising US, LLC
  • Address: 13-15 West 27th Street
  • Market: NoMad
  • Asking Rent: $72/ft.
  • SF: 5,909

The lease deal was facilitated by the landlord's representatives, Michael Heaner, Elliot Warren, and Grant Greenspan from the Kaufman Organization. On the other hand, the tenant was represented by Sebastian Infante and Jamie Katcher from Raise Commercial Real Estate.

Players

Jamie Katcher

Brookfield Properties

Broker

14 deals

Broker

Hialeah CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

220319.44%

Cash-on-Cash

-62967.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93