LEASEDCo-Op
Jimmy Walters Leases Co-Op At 781 Fifth Avenue For $30,000 With Landlord Robert Smith
781 Fifth Avenue
$30,000
$30,000/SF
Building Size
5,100 SF
Asset Type
Co-Op
Closing
Jul 8, 2026
AI
The property asset involved in this transaction is a 5,100 square foot co-op located at 781 Fifth Avenue, Lenox Hill. The monthly rent for this lease agreement is set at $30,000, and it is categorized as a Single Net Lease.
Summary of transaction details:
- Property Type: Co-Op
- Transaction Amount: $30,000 monthly rent
- Address: 781 Fifth Avenue, Lenox Hill
- Landlord: Robert Smith
- Tenant: Jimmy Walters
- Landlord's Representative: Michael Lorber & Alexander Boriskin - Douglas Elliman
This transaction involves key representatives in the real estate sector, specifically Michael Lorber and Alexander Boriskin, who represent the landlord, Robert Smith, in this lease agreement with tenant Jimmy Walters.
Players
New York Co-Op Market Snapshot
Boundary boundary · Co-Op · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
528.77%
Cash-on-Cash
-151.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93