LEASEDMultiFamily
Jazba Leases 5500 Square Feet At 207 2nd Ave, New York
207 2nd Ave, New York, NY, 10003
Building Size
5,500 SF
Asset Type
MultiFamily
Closing
Jan 19, 2023
AI
The property located at 207 2nd Ave, New York, NY, 10003 is a MultiFamily asset with a square footage of 5500. The landlord, Lee Odell Real Estate, successfully leased the space to Jazba.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Address: 207 2nd Ave, New York, NY, 10003
- Market: New York
- Landlord's Representative: Paul Mcquade (Tower Brokerage)
- Tenant: Jazba
- Landlord: Lee Odell Real Estate
- Square Feet: 5500
In this transaction, Paul Mcquade from Tower Brokerage represented the landlord, Lee Odell Real Estate, in the leasing arrangement with the tenant, Jazba.
Players
RW Real EstateLandlord
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