LEASEDOffice
Gunderson Dettmer Sto... Leases 44,718 Sq Ft Office Space In New York
1240 Broadway, New York, NY, 10001
Building Size
44,718 SF
Asset Type
Office
Closing
Mar 28, 2019
AI
The office located at 1240 Broadway, New York, NY, 10001, encompasses a total of 44,718 square feet, serving as the space for the recent lease transaction involving Gunderson Dettmer Sto...
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 1240 Broadway, New York, NY, 10001
- Market: New York
- Tenant: Gunderson Dettmer Sto...
- Square Feet: 44,718
- Tenant's Rep: Peter Cento - SquareFoot
The lease at 1240 Broadway, New York, NY, 10001, was facilitated by Peter Cento from SquareFoot, representing the tenant, Gunderson Dettmer Sto...
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