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1600 Broadway, New York, NY...

Cushman & Wakefield Represents Tenant In Lease At 1600 Broadway New York For 2422 Square Feet
LEASED

Cushman & Wakefield Represents Tenant In Lease At 1600 Broadway New York For 2422 Square Feet

1600 Broadway, New York, NY, 10019

Building Size

2,422 SF

Asset Type

Closing

Nov 20, 2023

AI

1600 Broadway, located in New York, NY, encompasses 2,422 square feet and is situated in the New York market. The property is leased by Brookfield Properties.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1600 Broadway, New York, NY, 10019
  • Square Feet: 2,422
  • Landlord: Brookfield Properties
  • Tenant's Representatives: Eric LeGoff-Cushman & Wakefield, James Downey-Cushman & Wakefield

The lease arrangement includes the involvement of Eric LeGoff and James Downey, both from Cushman & Wakefield, representing the tenant in this transaction. The landlord for this property is Brookfield Properties.

Players

Eric Le Goff

Retail By Mona

Broker

3 deals

Broker
Brookfield Properties
Brookfield PropertiesBrokerage

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