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2101 51st Ave, Queens, NY, ...

Kaufman Organization Leases 21261 Square Feet To Ann Sacks In Long Island City
LEASEDOffice

Kaufman Organization Leases 21261 Square Feet To Ann Sacks In Long Island City

2101 51st Ave, Queens, NY, 11101

Building Size

21,261 SF

Asset Type

Office

Closing

Feb 2, 2023

AI

The property involved in this transaction is located at 2101 51st Ave, Queens, NY, 11101, within the Long Island City market. The asset encompasses a total of 21,261 square feet. The landlord is Kaufman Organization.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 2101 51st Ave, Queens, NY, 11101
  • Market: Long Island City
  • Square Feet: 21,261
  • Landlord's Representative: Leslie Lanne & James Ferrigno - JLL
  • Tenant: Ann Sacks

The deal features representatives from JLL, with Leslie Lanne and James Ferrigno acting on behalf of the landlord, Kaufman Organization, facilitating the lease transaction with tenant Ann Sacks.

Players

Leslie Lanne

JLL

Broker

$355M

vol

9 deals

Broker
Kaufman Organization
Kaufman OrganizationBrokerage
Kaufman Organization
Kaufman OrganizationLandlord

Long Island City 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