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
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