David Kordansky Gallery Leases 5500 Square Feet At 520 W 20th St New York From Elijah Equities
520 W 20th St, New York, NY, 10011
Building Size
5,500 SF
Asset Type
Office
Closing
Nov 9, 2021
About this deal
AI
The property involved in this transaction is located at 520 W 20th St, New York, NY, 10011, within the New York market. The leased space encompasses a total area of 5,500 square feet.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not provided
- Address: 520 W 20th St, New York, NY, 10011
- Market: New York
- Tenant: David Kordansky Gallery
- Landlord: Elijah Equities
- Tenant's Rep: Jonathan Travis
The primary individuals involved in this lease transaction include the tenant, David Kordansky Gallery, and the landlord, Elijah Equities. Jonathan Travis represents the tenant in this deal, facilitating the lease agreement between the involved parties.
On the Map
Office
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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