Colliers Int'L Leases 17,422 SF Office Space At 1140 Broadway In New York City To AccessiBe
1140 Broadway
$67
Building Size
—
Asset Type
—
Closing
Feb 23, 2023
AI
The office property located at 1140 Broadway in New York City has been leased. The lease transaction involved an office space measuring approximately 17,422 square feet. The lease term is set for 8 years.
Summary of transaction details:
- Property Type: Office
- Asking Rent: $67 per square foot
- Lease Term: 8 years
- Market: New York City
The landlord in this lease transaction is Colliers International, while the tenant is AccessiBe. The deal was facilitated by two brokerage teams. Daniel Lolai and Eric Siegel from LSL Advisors represented the tenant, AccessiBe. Michael Joseph and Charles Roos from Colliers International represented the landlord, Colliers Int'L.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
236761.19%
Cash-on-Cash
-67667.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93