Yaakov Azrad Leases Office Space At 2733 E 12th St In New York
2733 E 12th St
$44
$44/SF
Building Size
7,000 SF
Asset Type
Office
Closing
Mar 2, 2023
AI
An office space located at 2733 E 12th St in New York has been leased. The property, spanning 7,000 square feet, was leased by Yaakov Azrad. The lease was facilitated by Michael Gammal and Michael Kameo from Swift Retail Advisors. The asking rent for the space was $44 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Lease
- Address: 2733 E 12th St
- Market: New York
The lease was completed by Yaakov Azrad, who will serve as the landlord for the property. Michael Gammal and Michael Kameo, representing Swift Retail Advisors, acted as the brokers in the deal.
Players
Market 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
360522.73%
Cash-on-Cash
-103038.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93