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

EvolutionIQ Leases 5500 Square Feet At 27 W 24th St New York From MJ Orbach Associates
LEASEDOffice

EvolutionIQ Leases 5500 Square Feet At 27 W 24th St New York From MJ Orbach Associates

27 W 24th St, New York, NY, 10010

Building Size

5,500 SF

Asset Type

Office

Closing

Sep 19, 2022

AI

The property involved in this transaction is located at 27 W 24th St, New York, NY, 10010, in the New York market. The leased space encompasses 5,500 square feet.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 5,500
  • Tenant: EvolutionIQ
  • Landlord: MJ Orbach Associates
  • Tenant's Representative: Christopher Foerch (Savills)

The deal features EvolutionIQ as the tenant, occupying the space with representation by Christopher Foerch from Savills. The landlord involved in this transaction is MJ Orbach Associates.

Players

Zev Holzman

Savills

Broker

6 deals

Broker
Meyer Orbach

Meyer Orbach

Orbach Associates

Landlord

$3.3B

vol

31 deals

Landlord
OA
Orbach AssociatesLandlord

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