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121 E 27th St, New York, NY...

Vivrelle Leases 2700 Square Feet At 121 E 27th St New York With Elliot Zelinger As Rep
LEASEDMultiFamily

Vivrelle Leases 2700 Square Feet At 121 E 27th St New York With Elliot Zelinger As Rep

121 E 27th St, New York, NY, 10016

Building Size

2,700 SF

Asset Type

MultiFamily

Closing

Nov 19, 2023

AI

The property asset involved in the transaction is located at 121 E 27th St, New York, NY, 10016. It is situated in the New York market and encompasses a total of 2,700 square feet. The transaction was conducted between Vivrelle as the tenant and the landlord Harvard Agency Company Inc.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 121 E 27th St, New York, NY, 10016
  • Market: New York
  • Tenant: Vivrelle
  • Tenant's Representative: Elliot Zelinger
  • Landlord: Harvard Agency Company Inc.
  • Square Feet: 2,700

The individuals involved in this lease transaction include Elliot Zelinger, who represented the tenant Vivrelle. The landlord of the property, Harvard Agency Company Inc., finalized the agreement with Vivrelle for the aforementioned space.

Players

Elliot Zelinger

Savitt Partners

Broker

8 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · 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