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252 Broome St, New York, NY...

Updated Oct 29, 2024

Forest Family Leases Multifamily Property At 252 Broome Street In New York City
LEASEDMultiFamily

Forest Family Leases Multifamily Property At 252 Broome Street In New York City

252 Broome St, New York, NY 10002, USA

$150

$150/SF

Building Size

1,600 SF

Asset Type

MultiFamily

Closing

Apr 15, 2023

About this deal

AI

The recently closed lease deal involves a multifamily property located at 252 Broome Street in New York City. The property was leased to Twin Peaks, with a lease term that has been successfully finalized.

Summary of transaction details

  • Property Type: Multifamily
  • Address: 252 Broome Street, New York City
  • Market: New York City
  • Landlord: Forest Family
  • Tenant: Twin Peaks

Titan Group New York, represented by brokers Tyler Zar, Tanner Zar, and Adam Lavian, facilitated this lease transaction. The deal was successfully negotiated with an asking rent of $150 per square foot, resulting in a total size of 1,600 square feet.

For more information on leasing your commercial or residential properties, you can contact Titan Group directly. Tyler Zar, from Titan Group New York, will be available to assist you. You can reach Tyler Zar at [email protected] or by phone at (516) 784-0478. You can also find more information about Titan Group on their Twitter page: @TitanGroupNY.

Players

Adam Lavian

Titan Group New York

Broker

59 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

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Deal FAQ

About $150 per square foot on a published $150 for 1,600 square feet (2023).

Visit Tyler Zar to view all their deals.

Browse New York multifamily leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

105753.33%

Cash-on-Cash

-30224.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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