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

Oscar Wilde’s Leases 3,600 SF Office Space In New York City
LEASEDOffice

Oscar Wilde’s Leases 3,600 SF Office Space In New York City

45 W 27th St, New York, NY, 10001

Building Size

3,600 SF

Asset Type

Office

Closing

Oct 6, 2015

AI

Oscar Wilde’s, a Victorian-themed pub, signed a 3,600 SF lease at 45 West 27th St in New York. The landlord, The Kaufman Organization, was represented in-house by Grant Greenspan, Michael Heaner, and Elliot Warren.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Oscar Wilde’s
  • Tenant's Representative: Victor Menkin from Menkin Realty Service
  • Landlord: The Kaufman Organization
  • Square Feet: 3600

Victor Menkin from Menkin Realty Service represented Oscar Wilde’s in the lease deal, while The Kaufman Organization's team, consisting of Grant Greenspan, Michael Heaner, and Elliot Warren, acted as the landlord's representatives.

Players

Victor Menkin

Menkin Realty Service

Broker

2 deals

Broker
Kaufman Organization
Kaufman OrganizationBrokerage
Kaufman Organization
Kaufman OrganizationLandlord

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