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
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