Olnick Organization Leases 4900 SF Office Space At 107 Crosby St, New York
107 Crosby St, New York, NY, 10012
Building Size
4,900 SF
Asset Type
Office
Closing
Jun 30, 2021
AI
The office property located at 107 Crosby St, New York, NY, 10012, in New York, spans a total of 4,900 square feet. The landlord for this transaction was Olnick Organization, with Richard Skulnick serving as the landlord's representative.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 107 Crosby St, New York, NY, 10012
- Market: New York
- Landlord: Olnick Organization
- Square Feet: 4900
- Landlord's Representative: Richard Skulnick
This lease deal involved Olnick Organization as the landlord, with Richard Skulnick representing them in the transaction. The office property at 107 Crosby St is situated in the vibrant city of New York, offering 4,900 square feet of space, catering to commercial needs in the bustling market.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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