Command Financial Press Leases 18702 Square Feet At 125 Broad St New York From AXA Equitable Life Insurance Co
125 Broad St, New York, NY, 10004
Building Size
18,702 SF
Asset Type
Office
Closing
Oct 16, 2019
AI
The property asset involved in the transaction is located at 125 Broad St, New York, NY, 10004. The lease encompasses a total area of 18,702 square feet within the New York market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 125 Broad St, New York, NY, 10004
- Market: New York
- Tenant: Command Financial Press
- Landlord: AXA Equitable Life Insurance Co
- Tenant's Representative: Christopher W. Mansfield (CBRE)
This transaction involved Command Financial Press as the tenant, with AXA Equitable Life Insurance Co serving as the landlord. The deal was facilitated by Christopher W. Mansfield representing the tenant.
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