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
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.
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