Fana Leases 2158 Square Feet At 108 Wooster St In New York With Tenant's Rep Jane McVerry
108 Wooster St, New York, NY, 10012
Building Size
2,158 SF
Asset Type
Office
Closing
Apr 8, 2022
AI
The property involved in this lease transaction is located at 108 Wooster St, New York, NY, 10012, within the New York market. The total area of the leased space is 2,158 square feet. The landlord for this lease is 108-114 Wooster Street Corporation.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 108 Wooster St, New York, NY, 10012
- Market: New York
- Tenant: Fana
- Tenant's Representative: Jane McVerry
- Landlord: 108-114 Wooster Street Corporation
In this transaction, Jane McVerry represents the tenant, Fana, while the landlord is represented by 108-114 Wooster Street Corporation. The agreement was finalized through the channels established for property leasing 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