facebook

traded

+ Submit
Home

/

Deals

/

New York

/

All

/

Lease

/

40 Exchange Pl, New York, N...

Breather Leases 1250 Sq Ft At 40 Exchange Pl, New York Financial District
LEASED

Breather Leases 1250 Sq Ft At 40 Exchange Pl, New York Financial District

40 Exchange Pl, New York, NY, 10005

Building Size

1,250 SF

Asset Type

Closing

Nov 22, 2023

AI

Located at 40 Exchange Pl, New York, NY, 10005 in the bustling market of New York, a lease transaction was finalized involving Breather. The property spans 1,250 square feet and serves as the second location for Breather in the Financial District.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Breather
  • Landlord: Northwind Group
  • Tenant's Rep: Ramsey Feher (CBRE)
  • Square Feet: 1250

Ramsey Feher, representing Breather in the deal, collaborated with Zachary Price of CBRE Group to secure the 1,250-square-foot lease at 40 Exchange Pl. This transaction marks another establishment for Breather in the vibrant Financial District of New York.

Players

Ramsey Feher

CBRE

Broker

6 deals

Broker
Northwind Group
Northwind GroupLender
Northwind Group
Northwind GroupLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

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