LEASED
Boyd Richards Parker Colonnelli Leases 5200 Square Feet At 1451 Broadway New York
1451 Broadway, New York, NY, 10036
Building Size
5,200 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 1451 Broadway, New York, NY, 10036. It comprises a total of 5,200 square feet. The market for this lease is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1451 Broadway, New York, NY, 10036
- Square Feet: 5,200
- Tenant: Boyd Richards Parker Colonnelli
- Landlord: Ashurst LLP
- Tenant's Representative: Michael Affronti (CBRE)
Michael Affronti of CBRE represented the tenant, Boyd Richards Parker Colonnelli, in this lease agreement. The landlord for this transaction was Ashurst LLP.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93