PLANTA Queen Leases 5600 SF Office Space In New York With Lindsay Zegans
13 W 27th St, New York, NY, 10001
Building Size
5,600 SF
Asset Type
Office
Closing
Apr 23, 2021
AI
The office property located at 13 W 27th St, New York, NY, 10001, in the New York market, has been leased. The asset spans 5600 square feet and was leased by the tenant, PLANTA Queen, with representation from Lindsay Zegans of Ripco. The landlord, Kaufman Organization, was represented by Michael Yadgard of Compass.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: PLANTA Queen
- Tenant's Rep: Lindsay Zegans (Ripco)
- Landlord: Kaufman Organization
- Landlord's Rep: Michael Yadgard (Compass)
The deal involved Lindsay Zegans from Ripco representing the tenant, PLANTA Queen, in securing the lease of the office space at 13 W 27th St. Richard Skulnick's role, if any, in this transaction was not specified in the provided information.
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