Museum Of Broadway Leases 26000 Square Feet At 145 W 45th St New York From Effy Hematian Realty
145 W 45th St, New York, NY, 10036
Building Size
26,000 SF
Asset Type
Commercial
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 145 W 45th St, New York, NY, 10036. It encompasses a total area of 26,000 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 145 W 45th St, New York, NY, 10036
- Square Feet: 26000
- Tenant: Museum of Broadway
- Landlord: Effy Hematian Realty
- Tenant's Representative: Matthew Schuss (JLL), Amy Zhen (Cushman & Wakefield)
- Landlord's Representative: Daniel Lolai (LSL Advisors)
The deal involves notable representatives including Matthew Schuss and Amy Zhen, who represented the tenant, Museum of Broadway, while Daniel Lolai represented the landlord, Effy Hematian Realty. These professionals were integral in facilitating the lease transaction.
Players
New York Commercial Market Snapshot
Boundary boundary · Commercial · 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