Back to the deckLease Analysis

13–15 West 27th Street

Entire 2nd Floor

Assumptions

Base Rent

Operating Expenses

Real Estate Taxes

Operating, tax, and electric figures are illustrative — replaced with the building’s actual amounts when known.

Cash Flow

PeriodYear EndingBase $/SFRE Taxes $/SFTotal $/SFMonthly AvgPer AnnumCumulative
Year 18/30/2027$69.00$0.00$69.00$33,977$407,721$407,721
Year 28/30/2028$70.72$0.45$71.17$35,048$420,573$828,294
Year 38/30/2029$72.49$0.91$73.41$36,147$433,760$1,262,054
Year 48/30/2030$74.31$1.39$75.70$37,274$447,290$1,709,344
Year 58/30/2031$76.16$1.88$78.05$38,431$461,172$2,170,516
Total$2,170,516$2,170,516

Totals

Total rent, 5 years$2,170,516
Present value @ 8%$1,787,216
Average cost per annum$434,103
Net effective rate per annum @ 8%$431,980
Average cost per SF$73.46
Net effective rate per SF$73.11

Every figure above is a projection from the stated assumptions, offered for comparison between options — not a quote of terms.

Lease Analysis — 13–15 West 27th Street