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174 Broadway, New York, NY,...

Juice Generation Leases 1500 Square Feet At 174 Broadway New York Represented By Benjamin Birnbaum
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

Benjamin Birnbaum

Newmark

Broker

7 deals

Broker
TF Cornerstone
TF CornerstoneLender
TF Cornerstone
TF CornerstoneLandlord

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