Vicus Partners Leases 3100 Square Feet At 225 Broadway New York With Braun Management
225 Broadway, New York, NY, 10007
$51
$51/SF
Building Size
3,100 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
This lease transaction involves a commercial property located at 225 Broadway, New York, NY, 10007. The property encompasses 3,100 square feet, with a rental rate of $51 per square foot. The market for this property is New York, and it is managed by Braun Management.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 225 Broadway, New York, NY, 10007
- Market: New York
- Landlord: Braun Management
- Landlord's Representative: Meny Braun (Braun Management)
- Tenant: Vicus Partners
- Rent/SF: $51
- Square Feet: 3,100
The transaction involves Meny Braun from Braun Management representing the landlord in the lease agreement with Vicus Partners. Specific details about the motivations or terms of this deal have not been disclosed.
On the Map
$51
$51/SF
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
311039.22%
Cash-on-Cash
-88895.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93