Updated Oct 25, 2024
Pino Luongo Leases 1850 Square Feet At 160 Prince St New York Represented By Jeff Geoghegan
160 Prince St, New York, NY, 10012
Building Size
1,850 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
About this deal
AI
The property involved in this lease transaction is located at 160 Prince St, New York, NY, 10012. It offers a total area of 1,850 square feet. This property is part of the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 160 Prince St, New York, NY, 10012
- Market: New York
- Tenant: Pino Luongo
- Landlord: Williams & Emily Korn
- Tenant's Representative: Jeff Geoghegan - Kassin Sabbagh Realty
- Landlord's Representative: James Famularo - Meridian Capital Group
Key representatives involved in the transaction include Jeff Geoghegan, representing the tenant, and James Famularo, representing the landlord, ensuring the interests of their respective clients throughout the lease process.
On the Map
MultiFamily
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Players
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