Viam Leases 54000 Square Feet At 1900 Broadway New York Represented By Ephraim Setton And Carlee Palmer
1900 Broadway, New York, NY, 00000
Building Size
54,000 SF
Asset Type
Commercial
Closing
Oct 13, 2021
AI
The property asset involved in this transaction is located at 1900 Broadway, New York, NY. It is a lease for a total of 54,000 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1900 Broadway, New York, NY
- Market: New York
- Square Feet: 54,000
- Tenant: Viam
- Landlord: Ogden CAP Properties
- Tenant's Representative: Ephraim Setton - R New York
- Landlord's Representative: Carlee Palmer - JLL
- Brokers: Frank Doyle - JLL
The deal involves represented parties, with Ephraim Setton facilitating the transaction for the tenant, Viam, while Carlee Palmer handled the interests of the landlord, Ogden CAP Properties. Frank Doyle, also with JLL, was involved as a broker for the deal.
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