Kaufman Organization Leases 12504 Square Feet At 119 W 24th St New York With Tenant's Reps
119 W 24th St, New York, NY, 10011
Building Size
12,504 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 119 W 24th St, New York, NY, 10011. This lease transaction encompasses a total square footage of 12,504 within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant's Representative: James Frederick & Jay Holland - Cushman & Wakefield
- Landlord: Kaufman Organization
- Square Feet: 12504
The deal features James Frederick and Jay Holland representing the tenant on behalf of Cushman & Wakefield, while Kaufman Organization acts as the landlord in this transaction.
On the Map
Office
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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