Sweetgreen Leases 2800 Square Feet At 1384 Broadway New York Represented By Jacqueline Klinger
1384 Broadway, New York, NY, 10018
Building Size
2,800 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
Lease of a retail space located at 1384 Broadway, New York, NY, 10018, encompassing a total area of 2800 square feet in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Sweetgreen
- Landlord: Chetrit Group
- Tenant's Representative: Jacqueline Klinger - TSCG (The Shopping Center Group)
- Landlord's Representative: Lee Block - Winick Realty Group
The transaction involved notable representatives, where Jacqueline Klinger from TSCG represented Sweetgreen, and Lee Block from Winick Realty Group represented Chetrit Group in the leasing agreement.
On the Map
Office
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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