Elysium Health Leases 7205 SF At 434 Broadway New York From Savanna With JLL Rep
434 Broadway, New York, NY, 10013
$75
$75/SF
Building Size
7,205 SF
Asset Type
Medical Office
Closing
May 16, 2017
AI
The property asset involved in this transaction is located at 434 Broadway, New York, NY, 10013. This lease transaction has a rent of $75 per square foot for a total space of 7,205 square feet. The market is New York, and the landlord is Savanna.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: $75/SF
- Address: 434 Broadway, New York, NY, 10013
- Market: New York
- Landlord: Savanna
- Tenant: Elysium Health
- Landlord's Representatives: Kip Orban-JLL, Benjamin Bass-JLL
The transaction features Elysium Health as the tenant, which secures a space that supports its operational requirements. The deal involved representatives Kip Orban and Benjamin Bass from JLL, overseeing the landlord's interests throughout the lease agreement process.
Players
New York Medical Office Market Snapshot
Boundary boundary · Medical Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93