Dr. Martens Secures Lease At 1333 Broadway New York Represented By Keith Fencl
1333 Broadway, New York, NY, 10018
$400
$400/SF
Building Size
3,450 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 1333 Broadway, New York, NY, 10018. It is situated in the New York market and has a total square footage of 3,450. The rent per square foot is set at 400.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1333 Broadway, New York, NY, 10018
- Market: New York
- Tenant: Dr. Martens
- Landlord: Empire State Realty Trust
- Tenant's Representative: Keith Fencl (The McDevitt Company)
The key individuals and companies involved in this lease transaction highlight Dr. Martens as the tenant, with its representation provided by Keith Fencl from The McDevitt Company. The landlord in this deal is Empire State Realty Trust.
On the Map
$400
$400/SF
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Players
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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