Updated Oct 29, 2024
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
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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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