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1212 2nd Ave, New York, NY,...

Drybar Leases 1706 Square Feet At 1212 2nd Ave New York With Landlord RFR Realty
LEASEDCondo

Drybar Leases 1706 Square Feet At 1212 2nd Ave New York With Landlord RFR Realty

1212 2nd Ave, New York, NY, 10065

Building Size

1,706 SF

Asset Type

Condo

Closing

Jan 23, 2017

AI

The property asset involved in this lease transaction is located at 1212 2nd Ave, New York, NY, 10065. It spans a total of 1,706 square feet and is situated in the New York market.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1212 2nd Ave, New York, NY, 10065
  • Market: New York
  • Landlord: RFR Realty
  • Tenant: Drybar
  • Landlord's Representative: Jordan S. Claffey (RFR Retail)

The deal involves several key individuals and companies, including the landlord, RFR Realty, who is represented by Jordan S. Claffey from RFR Retail. The tenant securing the lease is Drybar, which will occupy the aforementioned property address.

Players

Zack Gross

The Greenberg Group

Broker

5 deals

Broker
D
DrybarTenant

New York Condo Market Snapshot

Boundary boundary · Condo · 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