EZ Courier Leases 1700 Square Feet At 143 E 27th St New York With Landlord Casper R Callen Trust
143 E 27th St, New York, NY, 10016
Building Size
1,700 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The property involved in this lease transaction is located at 143 E 27th St, New York, NY, 10016. It has a total area of 1,700 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Disclosed
- Square Feet: 1,700
- Tenant: EZ Courier
- Landlord: Casper R. Callen Trust
- Tenant's Representative: Ioannis N. Kourtis - INK Commercial Real Estate
- Landlord's Representative: Josh Salon - Salon Realty
This transaction highlights the participation of key representatives in the lease process. Ioannis N. Kourtis represented EZ Courier, while Josh Salon represented Casper R. Callen Trust, ensuring both parties were effectively supported throughout the negotiation process.
On the Map
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · 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