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19 W 24th St, New York, NY,...

Kaufman Organization Leases 5418 Square Feet At 19 W 24th St With Tenant's Rep TheSquareFoot
LEASEDOffice

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

Grant Greenspan

Kaufman Organization

Broker

10 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Kaufman Organization
Kaufman OrganizationLandlord

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