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140 Broadway, New York, NY,...

Zeno Group Leases 10114 Square Feet At 140 Broadway New York From Union Investment Real Estate
LEASEDOffice

Zeno Group Leases 10114 Square Feet At 140 Broadway New York From Union Investment Real Estate

140 Broadway, New York, NY, 10005

Building Size

10,114 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

140 Broadway, New York, NY, 10005 is a leased property located in the New York market. The space encompasses 10,114 square feet and is under the ownership of Union Investment Real Estate.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 140 Broadway, New York, NY, 10005
  • Market: New York
  • Square Feet: 10,114
  • Landlord: Union Investment Real Estate
  • Tenant: Zeno Group
  • Landlord's Representative: Jedd Horn - Colliers International
  • Brokers: Louis d'Avanzo - Cushman & Wakefield

This transaction involves key individuals including Jedd Horn, who represents the landlord, and brokers Louis d'Avanzo, facilitating the deal on behalf of the involved parties. The tenant in this lease is Zeno Group.

Players

Louis d'Avanzo

Cushman & Wakefield

Broker

2 deals

Broker
Newmark
NewmarkBrokerage
Union Investment
Union InvestmentLandlord

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