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
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