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7 E 14th St, New York, NY, ...

TF Cornerstone Leases 2400 Square Feet At 7 E 14th St New York With Landlord's Rep Aaron Fishbein
LEASEDCo-Op

TF Cornerstone Leases 2400 Square Feet At 7 E 14th St New York With Landlord's Rep Aaron Fishbein

7 E 14th St, New York, NY, 10003

Building Size

2,400 SF

Asset Type

Co-Op

Closing

Aug 11, 2015

AI

7 East 14th St, located in New York, NY, is a property that features a lease of 2,400 square feet. The market for this property is New York, and it is managed by the landlord, TF Cornerstone, who entered into this lease agreement.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Address: 7 E 14th St, New York, NY, 10003
  • Square Feet: 2400
  • Landlord: TF Cornerstone
  • Landlord’s Representative: Aaron Fishbein (Winick Realty Group)
  • Tenant: Ricky’s

Winnick Realty’s Steven Baker and Aaron Fishbein represented the landlord, TF Cornerstone, in this transaction. Ricky’s is the tenant that signed the lease agreement for the specified property.

Players

Aaron Fishbein

Redcar Properties

Broker

3 deals

Broker
TF Cornerstone
TF CornerstoneLender
TF Cornerstone
TF CornerstoneLandlord

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93