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275 Greenwich St, New York,...

Bluemercury Leases 2800 Square Feet At 275 Greenwich St New York With Tenant's Rep John Auber
LEASEDMultiFamily

Bluemercury Leases 2800 Square Feet At 275 Greenwich St New York With Tenant's Rep John Auber

275 Greenwich St, New York, NY, 10007

Building Size

2,800 SF

Asset Type

MultiFamily

Closing

Jan 26, 2016

AI

The property involved in this transaction is a lease at 275 Greenwich St, located in New York, NY, covering a total area of 2,800 square feet. The transaction is situated in the New York market.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 275 Greenwich St, New York, NY, 10007
  • Tenant: Bluemercury
  • Landlord: Greenwich Court Condominium Associates
  • Tenant's Representative: John Auber - Auber Group
  • Landlord's Representative: Joshua Roth - Manhattan Skyline Management

This transaction includes a continued partnership with RKF's Tess Jacoby also representing the tenant alongside John Auber. The lease agreement was signed for Bluemercury, reflecting their expansion within the market.

Players

Joshua Roth

Broker

2 deals

Broker
B
BluemercuryTenant

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