Kaufman Organization Leases 5418 Square Feet At 19 W 24th St With Tenant's Rep TheSquareFoot
19 W 24th St, New York, NY, 10010
Building Size
5,418 SF
Asset Type
Office
Closing
Jun 16, 2016
AI
The property located at 19 W 24th St, New York, NY, 10010 is a leased asset comprising a total of 5,418 square feet. It is situated in the New York market, under the ownership of the Kaufman Organization.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 5418
- Address: 19 W 24th St, New York, NY, 10010
- Market: New York
- Landlord: Kaufman Organization
- Tenant's Representative: Jonathan Wasserstrum-TheSquareFoot
- Landlord's Representative: Grant Greenspan-Kaufman Organization
The transaction features Jonathan Wasserstrum representing the tenant while Grant Greenspan represents the landlord, effectively facilitating the lease agreement between the respective parties involved in this property transaction.
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