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1201 Broadway, New York, NY...

Corner Table Restaurants Leases 11000 Square Feet At 1201 Broadway New York From Williams Equities
LEASEDOffice

Corner Table Restaurants Leases 11000 Square Feet At 1201 Broadway New York From Williams Equities

1201 Broadway, New York, NY, 10001

Building Size

11,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1201 Broadway, New York, NY, 10001. It accommodates a total area of 11,000 square feet. The current market for this property is New York.

Summary of transaction details:

This lease transaction features Corner Table Restaurants as the tenant, represented by Alexandra Turboff from Branded Concept Development. The landlord for this property is Williams Equities, with representation provided by David Green from Kassin Sabbagh Realty and David A. Green.

Players

David Green

Kassin Sabbagh Realty

Broker

$447M

vol

176 deals

Broker
WE
Williams EquitiesLandlord

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