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
About this deal
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.
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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