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1165 Broadway

Aesop Signs Lease At 1165 Broadway In NoMad With Landlord's Rep Ike Bibi, Carolina Aziz & David Green - KSR
LEASED

Aesop Signs Lease At 1165 Broadway In NoMad With Landlord's Rep Ike Bibi, Carolina Aziz & David Green - KSR

1165 Broadway & 1165 Broadway

$400

$400/SF

Building Size

1,100 SF

Asset Type

Closing

Nov 17, 2022

AI

Located in the NoMad market, the retail property at 1165 Broadway has recently been leased. The tenant, Aesop, has signed a lease agreement for the space. The transaction was facilitated by the landlord's representatives, Ike Bibi, Carolina Aziz, and David Green from KSR. The tenant was represented by Nick Cowan.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 1165 Broadway
  • Tenant: Aesop
  • Landlord: David Haddad
  • Landlord's Representatives: Ike Bibi, Carolina Aziz, and David Green - KSR
  • Tenant's Representative: Nick Cowan

It's worth noting that the exact lease terms, such as the duration and specific rental rate, were not provided in the given information.

Players

David Haddad

Landlord

$56M

vol

5 deals

Landlord
A
AesopTenant

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

39657.50%

Cash-on-Cash

-11334.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93