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54 Howard St, New York, NY,...

Tabitha Simmons Leases 1800 Square Feet At 54 Howard St In New York With Landlord's Rep Greg Kim
LEASEDMultiFamily

Tabitha Simmons Leases 1800 Square Feet At 54 Howard St In New York With Landlord's Rep Greg Kim

54 Howard St, New York, NY, 10013

Building Size

1,800 SF

Asset Type

MultiFamily

Closing

Nov 20, 2023

AI

The property located at 54 Howard St, New York, NY, 10013 comprises a total of 1,800 square feet. It is situated in the New York market and is associated with the landlord, 12 Mercer LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 54 Howard St, New York, NY, 10013
  • Market: New York
  • Landlord's Representative: Greg Kim, Sequoia Property Group
  • Tenant: Tabitha Simmons
  • Landlord: 12 Mercer LLC
  • Square Feet: 1,800

The transaction involved Greg Kim representing 12 Mercer LLC in the lease agreement with tenant Tabitha Simmons. Details regarding the specific terms of the lease agreement have not been disclosed.

Players

Greg Kim

Sequoia Property Group

Broker

4 deals

Broker
Compass
CompassBrokerage

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