facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

122 Rivington St New York, ...

Vitaly Inc Leases Office Space At 122 Rivington Street In Lower East Side With Jeremy Kamali & Bob Juergens Representing The Deal
LEASEDOffice

Vitaly Inc Leases Office Space At 122 Rivington Street In Lower East Side With Jeremy Kamali & Bob Juergens Representing The Deal

122 Rivington St New York, NY 10002, USA

$68

$68/SF

Building Size

2,000 SF

Asset Type

Office

Closing

Jun 1, 2023

AI

The property involved in this lease transaction is an office located at 122 Rivington Street in the Lower East Side market. The total square footage of the office space is 2,000 square feet. The lease deal was finalized between the landlord, Thomas Battaglia, and the tenant, Vitaly Inc. The landlord's representative in the deal was Jeremy Kamali from J3K Real Estate, while the tenant was represented by Bob Juergens from Corbett & Dullea. The asking rent for the office space was $68 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 122 Rivington Street
  • Market: Lower East Side
  • Landlord: Thomas Battaglia
  • Tenant: Vitaly Inc
  • Landlord's Representative: Jeremy Kamali from J3K Real Estate
  • Tenant's Representative: Bob Juergens from Corbett & Dullea
  • Asking Rent: $68 per square foot
  • Square Footage: 2,000 square feet

Jeremy Kamali from J3K Real Estate represented the landlord, Thomas Battaglia, in this lease deal. On the tenant's side, Bob Juergens from Corbett & Dullea acted as the representative for Vitaly Inc. The involvement of these individuals played a crucial role in facilitating the successful transaction of the office lease located at 122 Rivington Street in the Lower East Side market.

Players

Jeremy Kamali

J3K Real Estate

Broker

$9.5M

vol

24 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

233279.41%

Cash-on-Cash

-66671.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93