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
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