Fyllo Leases 5371 Square Feet At 27 W 24th St New York From MJ Orbach Associates
27 W 24th St, New York, NY, 10010
Building Size
5,371 SF
Asset Type
Office
Closing
Jan 17, 2023
AI
The property involved in this transaction is located at 27 W 24th St, New York, NY, 10010. It consists of 5,371 square feet and is part of the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 27 W 24th St, New York, NY, 10010
- Market: New York
- Landlord: MJ Orbach Associates
- Tenant: Fyllo
- Landlord's Rep: Joseph Sipala (JLL)
This lease transaction includes key individuals and entities such as Fyllo, the tenant, and MJ Orbach Associates, the landlord. Joseph Sipala of JLL acted as the representative for the landlord during this transaction.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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