Ruth Shomron Leases Office Space To Krave Beauty At 27 East 21st Street In Flatiron District
27 East 21st Street
$45
$45/SF
Building Size
2,400 SF
Asset Type
Office
Closing
Feb 5, 2026
AI
The asset involved in this transaction is an office space located at 27 East 21st Street in the Flatiron District. The property encompasses a total square footage of 2,400 and is leased under a Modified Gross Lease agreement with an asking rent of $45 per square foot. The lease term is set for 3 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $108,000
- Landlord: Ruth Shomron
- Tenant: Krave Beauty
- Landlord's Representative: Joy Fescine - Tri State Commercial Realty
- Tenant's Representatives: Zoe Snow, Daria Ghasemi & Ben Waller - ABS Partners Real Estate
The deal features key representatives from their respective agencies, with Joy Fescine representing the landlord, Ruth Shomron, and Zoe Snow, Daria Ghasemi, and Ben Waller all representing the tenant, Krave Beauty, in this lease agreement.
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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93