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1333 Broadway, New York, NY...

Playfly Sports Leases 29500 Square Feet At 1333 Broadway New York From Empire State Realty Trust
LEASEDOffice

Playfly Sports Leases 29500 Square Feet At 1333 Broadway New York From Empire State Realty Trust

1333 Broadway, New York, NY, 10018

Building Size

29,500 SF

Asset Type

Office

Closing

Oct 27, 2021

AI

The property involved in this transaction is located at 1333 Broadway, New York, NY, 10018. It encompasses a total area of 29,500 square feet and operates within the New York market. The landlord for this lease transaction is Empire State Realty Trust.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1333 Broadway, New York, NY, 10018
  • Market: New York
  • Square Feet: 29,500
  • Landlord's Representative: Maria Travlos - Cushman & Wakefield
  • Tenant: Playfly Sports
  • Landlord: Empire State Realty Trust
  • Brokers: Keith Cody

This lease transaction showcases the involvement of key representatives including the landlord's representative Maria Travlos from Cushman & Wakefield, who facilitated the agreement. Tenant Playfly Sports is the party entering into the lease for the property, while broker Keith Cody is associated with the deal.

Players

Shanae Ursini

Empire State Realty Trust

Broker

12 deals

Broker
Empire State Realty Trust
Empire State Realty TrustBrokerage
Empire State Realty Trust
Empire State Realty TrustLandlord

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