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592 Broadway, New York, NY,...

Updated Dec 2, 2024

KFD Public Relations Leases 2847 Square Feet At 592 Broadway New York From GFP Real Estate
LEASED

KFD Public Relations Leases 2847 Square Feet At 592 Broadway New York From GFP Real Estate

592 Broadway, New York, NY, 10012

$60

$60/SF

Building Size

2,847 SF

Asset Type

Closing

Nov 20, 2023

About this deal

AI

592 Broadway, located in New York, NY, 10012, has been leased to KFD Public Relations. This property consists of 2,847 square feet and is part of the New York market. The rent is established at $60 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 592 Broadway, New York, NY, 10012
  • Market: New York
  • Tenant: KFD Public Relations
  • Landlord: GFP Real Estate
  • Tenant's Representative: John Moran-NorthMarq
  • Rent/SF: $60
  • Square Feet: 2,847

The deal involves KFD Public Relations as the tenant, with GFP Real Estate acting as the landlord. John Moran from NorthMarq represents the tenant in this transaction, facilitating the lease agreement.

Players

John Moran

NorthMarq

Broker

1 deal

Broker
GFP Real Estate
GFP Real EstateLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Deal FAQ

About $60 per square foot on a published $60 for 2,847 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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