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120 E Broadway, New York, N...

Stephen Eynon Of CBRE Represents Tenant In Office Lease At 120 E Broadway, New York
LEASEDOffice

Stephen Eynon Of CBRE Represents Tenant In Office Lease At 120 E Broadway, New York

120 E Broadway, New York, NY, 10002

Building Size

25,500 SF

Asset Type

Office

Closing

Jun 1, 2016

AI

The office property located at 120 E Broadway, New York, NY, 10002, spanning 25,500 square feet, was leased on June 1, 2016, in New York. The landlord, Silverstein Properties, facilitated the lease agreement, with Stephen Eynon from CBRE serving as the tenant's representative.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Market: New York

The leasing deal involved Stephen Eynon from CBRE representing the tenant, in negotiations with Silverstein Properties as the landlord. The transaction, completed in New York, highlighted the collaborative effort between the tenant's representative and the property owner.

Players

Stephen Eynon

CBRE

Broker

4 deals

Broker
Silverstein Properties
Silverstein PropertiesLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93