Collected Strategies & Fenway Sports Management Lease Office Space At 121 East 24th Street In New York
121 E 24th St New York, Ny 10010, Usa
$82
$82/SF
Building Size
5,186 SF
Asset Type
Office
Closing
Jul 17, 2023
AI
The property involved in the lease transaction is located at 121 East 24th Street in New York. It is an office building owned by Kofler Associates. The tenants of the property are Collected Strategies and Fenway Sports Management. The lease deal was facilitated by the landlord's representatives, Jeff Buslik, Bradley Cohn, and James Buslik from Adams & Company. On the tenant's side, the deal was represented by Michael Berg and Finley Burger from JLL, as well as Michael Joseph and Taylor Bell from Colliers International. The asking rent for the 5,186 square feet space was $82.02 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 121 East 24th Street
- Market: New York
- Asset Type: Office
The leasing deal at 121 East 24th Street in New York involved the collaboration of Kofler Associates as the property owner and Collected Strategies & Fenway Sports Management as tenants. The deal was facilitated by the landlord's representatives, Jeff Buslik, Bradley Cohn, and James Buslik from Adams & Company. On the tenant's side, the deal was represented by Michael Berg and Finley Burger from JLL, as well as Michael Joseph and Taylor Bell from Colliers International. This transaction marks an important collaboration between these entities in the New York office 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
193451.22%
Cash-on-Cash
-55288.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93