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143 E 27th St, New York, NY...

EZ Courier Leases 1700 Square Feet At 143 E 27th St New York With Landlord Casper R Callen Trust
LEASEDRetail

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

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.

Players

Ioannis N. Kourtis

INK Commerical Real Estate

Broker

4 deals

Broker
T
TrustLandlord

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