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
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