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1115 Broadway, New York, NY...

Easter Unlimited Leases 16264 Square Feet At 1115 Broadway New York For $66/SF
LEASEDOffice

Easter Unlimited Leases 16264 Square Feet At 1115 Broadway New York For $66/SF

1115 Broadway, New York, NY, 10010

$66

$66/SF

Building Size

16,264 SF

Asset Type

Office

Closing

Jun 15, 2018

AI

The property involved in this transaction is located at 1115 Broadway, New York, NY, 10010. The market for this asset is New York. The property consists of 16,264 square feet and is leased at a rate of $66 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1115 Broadway, New York, NY, 10010
  • Market: New York
  • Landlord: 16 Madison Square West Associates
  • Tenant: Easter Unlimited
  • Landlord's Rep: James Buslik - Adams & Company, Jeff Buslik

This lease transaction involves the landlord, 16 Madison Square West Associates, and tenant Easter Unlimited. The representatives for the landlord are James Buslik and Jeff Buslik from Adams & Company.

Players

Jeff Buslik

Adams & Company

Broker

14 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

240348.48%

Cash-on-Cash

-68692.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93