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141 E Houston St, New York,...

Flyfish Club Leases 11000 SF Office Space At 141 E Houston St, New York
LEASEDOffice

Flyfish Club Leases 11000 SF Office Space At 141 E Houston St, New York

141 E Houston St, New York, NY, 10002

Building Size

11,000 SF

Asset Type

Office

Closing

Nov 21, 2022

AI

The office located at 141 E Houston St, New York, NY, 10002, in the thriving market of New York, spans 11,000 square feet. The landlord, KPG Funds, successfully leased the space to the Flyfish Club on 11/21/2022.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Landlord: KPG Funds
  • Tenant: Flyfish Club
  • Square Feet: 11,000
  • Landlord's Representative: Lindsay Zegans (Ripco), Richard Skulnick

The lease deal at 141 E Houston St was facilitated by Lindsay Zegans from Ripco and Richard Skulnick. The Flyfish Club, the new tenant, will utilize the 11,000 square foot office space under the management of KPG Funds.

Players

Lindsay Zegans

Ripco

Broker

13 deals

Broker
KPG Funds
KPG FundsLandlord

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