Updated Oct 29, 2024
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
About this deal
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.
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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