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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1201 Broadway, New York, NY, 10001
- Square Feet: 11,000
- Tenant: Corner Table Restaurants
- Landlord: Williams Equities
- Tenant's Representative: Alexandra Turboff (Branded Concept Development)
- Landlord's Representatives: David Green (Kassin Sabbagh Realty), David A. Green()
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
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