BRRRN Leases 2500 Square Feet At 107 W 20th St New York With United American Land
107 W 20th St, New York, NY, 10011
Building Size
2,500 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 107 W 20th St, New York, NY, 10011. It encompasses a total square footage of 2500 and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: BRRRN
- Landlord: United American Land
- Tenant's Representative: Lena Roth & Jonathan Burke - JW Burke & Company
- Landlord's Representative: Jack Laboz - United American Land
The key individuals involved in this transaction include the tenant BRRRN, represented by Lena Roth and Jonathan Burke from JW Burke & Company, and the landlord United American Land, represented by Jack Laboz. Each party plays a crucial role in facilitating this lease agreement within the New York market.
Players
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