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
About this deal
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
New York CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
Deal FAQ
Browse New York leases on Traded.
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