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107 Crosby St, New York, NY...

Olnick Organization Leases 4900 SF Office Space At 107 Crosby St, New York
LEASEDOffice

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

Richard Skulnick

Broker

15 deals

Broker
OO
Olnick OrganizationLandlord

New York Office Market Snapshot

Boundary boundary · Office · 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