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28 E 28th St, New York, NY,...

CBS Leases 164000 Square Feet At 28 E 28th St New York From Loeb Partners Realty With Mark Boisi And Bryan Boisi As Tenant's Representatives
LEASED

CBS Leases 164000 Square Feet At 28 E 28th St New York From Loeb Partners Realty With Mark Boisi And Bryan Boisi As Tenant's Representatives

28 E 28th St, New York, NY, 10016

Building Size

164,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property asset involved in this transaction is located at 28 E 28th St, New York, NY, 10016, within the New York market. The lease encompasses a total of 164,000 square feet, serving CBS as the tenant, and is under the ownership of Loeb Partners Realty.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 28 E 28th St, New York, NY, 10016
  • Market: New York
  • Square Feet: 164,000
  • Tenant: CBS
  • Landlord: Loeb Partners Realty
  • Tenant's Representative: Mark Boisi, Bryan Boisi - Cushman & Wakefield

The deal features key representatives, with Mark Boisi and Bryan Boisi acting as the tenant's representatives from Cushman & Wakefield, facilitating the leasing agreement for CBS with the landlord, Loeb Partners Realty.

Players

Mark Boisi

Cushman & Wakefield

Broker

6 deals

Broker
LR
Loeb Partners RealtyLandlord
C
CBSTenant

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