Whole Foods Leases 44000 Square Feet At 60 E Broadway New York From Macklowe Properties
60 E Broadway, New York, NY, 10002
Building Size
44,000 SF
Asset Type
MultiFamily
Closing
Jul 27, 2016
AI
The property asset involved in this lease transaction is located at 60 E Broadway, New York, NY, 10002. This asset encompasses a total square footage of 44,000. The market for this transaction is New York. The landlord of the property is Macklowe Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 60 E Broadway, New York, NY, 10002
- Market: New York
- Square Feet: 44,000
- Tenant: Whole Foods
- Landlord: Macklowe Properties
- Tenant's Rep: Chase Welles, Jacqueline Klinger (TSCG (The Shopping Center Group))
This lease transaction involves key stakeholders including Whole Foods as the tenant and Macklowe Properties as the landlord. The tenant is represented by Chase Welles and Jacqueline Klinger from The Shopping Center Group. Their involvement highlights the professional representation engaged in this lease agreement.
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