Updated Dec 4, 2024
James South Leases 6,000 SF Industrial Space At 27 Herkimer Place, NYC - Jake Brodie & Ari Weber - Brookliv Rentals
27 Herkimer Place
$40
$40/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
May 1, 2023
About this deal
AI
The industrial property located at 27 Herkimer Place in New York City has recently been leased. The lease transaction was completed on 05/01/2023.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $40/ft
- Square Footage: 6,000
- Address: 27 Herkimer Place, New York City
The landlord for this lease is Chiam Fuchs, while the tenant is James South. The lease was facilitated by the brokers Jake Brodie and Ari Weber from Brookliv Rentals.
The industrial lease at 27 Herkimer Place in New York leased for $40 in 2023. The building is 6,000 square feet, implying about 40 per square foot on the published price. Named participants on the 27 Herkimer Place lease are Jake Brodie, Ari Weber. This page is the New York file for the 27 Herkimer Place industrial leased: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that local industrial set by closing date to see what else leased near 27 Herkimer Place around 2023. Published consideration for 27 Herkimer Place is $40, dated 2023. Cite this James South Leases 6,000 SF Industrial Space At 27 Herkimer Place, NYC - Jake Brodie & Ari Weber - Brookliv Rentals lease when underwriting similar industrial product around New York.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93