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19 W 21st St, New York, NY,...

Updated Oct 29, 2024

Fifth Partners Signs Lease With Tenant At 19 W 21st St New York For 2520 Square Feet
LEASEDOffice

Fifth Partners Signs Lease With Tenant At 19 W 21st St New York For 2520 Square Feet

19 W 21st St, New York, NY, 10010

Building Size

2,520 SF

Asset Type

Office

Closing

Nov 20, 2023

About this deal

AI

The lease property located at 19 W 21st St, New York, NY, 10010 encompasses a total space of 2,520 square feet. This property is positioned in the New York market and serves as a leasing opportunity rather than a sale.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 19 W 21st St, New York, NY, 10010
  • Market: New York
  • Square Feet: 2520
  • Tenant's Representative: Ioannis N. Kourtis - INK Commercial Real Estate
  • Landlord: Fifth Partners

Key individuals involved in this transaction include Ioannis N. Kourtis representing the tenant and Fifth Partners representing the landlord. This collaboration highlights the engagement between the respective parties in the leasing process.

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Players

Ioannis N. Kourtis

INK Commerical Real Estate

Broker

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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

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