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
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.
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