United Neighborhood Houses Leases 6100 Square Feet At 45 Broadway New York With The Lawrence Group
45 Broadway, New York, NY, 10006
Building Size
6,100 SF
Asset Type
MultiFamily
Closing
Feb 10, 2017
AI
The lease transaction involved a property located at 45 Broadway, New York, NY, 10006. This asset encompasses a total area of 6,100 square feet situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: United Neighborhood Houses
- Landlord: The Lawrence Group
- Tenant's Representative: David Lebenstein - Cushman & Wakefield, Debra Wollens - Cushman & Wakefield
- Landlord's Representative: Daniel Ginsberg
The transaction features involvement from the tenant United Neighborhood Houses, represented by David Lebenstein and Debra Wollens from Cushman & Wakefield, while the landlord, The Lawrence Group, is represented by Daniel Ginsberg.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93