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121 E 24th St New York, Ny ...

Collected Strategies & Fenway Sports Management Lease Office Space At 121 East 24th Street In New York
LEASEDOffice

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

Jeff Buslik

Adams & Company

Broker

14 deals

Broker
Collected Strategies
Collected StrategiesTenant

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