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
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