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27 East 21st Street

Ruth Shomron Leases Office Space To Krave Beauty At 27 East 21st Street In Flatiron District
LEASEDOffice

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

Ben Waller

ABS Partners Real Estate

Broker

13 deals

Broker

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