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109 W 27th St, New York, NY...

Updated Oct 29, 2024

Jane Packer Leases 940 Square Feet At 109 W 27th St From Sylvia Gloria Braun Trust
LEASEDOffice

Jane Packer Leases 940 Square Feet At 109 W 27th St From Sylvia Gloria Braun Trust

109 W 27th St, New York, NY, 10001

Building Size

940 SF

Asset Type

Office

Closing

Nov 20, 2023

About this deal

AI

The property involved in the transaction is located at 109 W 27th St, New York, NY, 10001. It encompasses a total of 940 square feet and falls within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 109 W 27th St, New York, NY, 10001
  • Square Feet: 940
  • Landlord: Sylvia Gloria Braun Trust
  • Tenant: Jane Packer
  • Landlord's Representative: Ioannis N. Kourtis - INK Commercial Real Estate

The transaction features Jane Packer as the tenant securing the lease from Sylvia Gloria Braun Trust, with Ioannis N. Kourtis representing the landlord through INK Commercial Real Estate. The involvement of these parties played a significant role in facilitating the lease agreement at the specified address.

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Players

Ioannis N. Kourtis

INK Commerical Real Estate

Broker

4 deals

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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

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