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426 W 14th St, New York, NY...

Jarick Collections Leases 4200 Square Feet At 426 W 14th St New York From Ben'Ous Realty
LEASEDOffice

Jarick Collections Leases 4200 Square Feet At 426 W 14th St New York From Ben'Ous Realty

426 W 14th St, New York, NY, 10014

Building Size

4,200 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property asset involved in the transaction is located at 426 W 14th St, New York, NY, 10014. The lease encompasses 4,200 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 426 W 14th St, New York, NY, 10014
  • Landlord: Ben'Ous Realty
  • Tenant: Jarick Collections
  • Landlord's Representative: Jason Berkley - Winick Realty Group

The transaction features prominent individuals and companies, including the landlord Ben'Ous Realty and tenant Jarick Collections. Jason Berkley from Winick Realty Group represents the landlord in this deal.

Players

Jason Berkley

RTL Real Estate

Broker

2 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93