LEASED
Juice Generation Leases 1500 Square Feet At 174 Broadway New York Represented By Benjamin Birnbaum
174 Broadway, New York, NY, 10038
Building Size
1,500 SF
Asset Type
—
Closing
Aug 11, 2015
AI
The property involved in this transaction is located at 174 Broadway, New York, NY, 10038. It spans 1,500 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 174 Broadway, New York, NY, 10038
- Market: New York
- Tenant: Juice Generation
- Landlord: TF Cornerstone
- Tenant's Rep: Benjamin Birnbaum (Newmark)
- Landlord's Rep: Aaron Fishbein (Winick Realty Group)
Key individuals involved in the transaction include Benjamin Birnbaum from Newmark representing the tenant Juice Generation, and Aaron Fishbein from Winick Realty Group representing the landlord TF Cornerstone.
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