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140 Broadway, New York, NY,...

Paradigm Talent Agency Leases Office At 140 Broadway, New York For $65/SF
LEASEDOffice

Paradigm Talent Agency Leases Office At 140 Broadway, New York For $65/SF

140 Broadway, New York, NY, 10005

$65

$65/SF

Building Size

50,600 SF

Asset Type

Office

Closing

Jun 17, 2016

AI

The property involved in this transaction is located at 140 Broadway, New York, NY, 10005. This office asset has a total square footage of 50,600 and is situated in the New York market. The lease was executed at a rent rate of $65 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Paradigm Talent Agency
  • Landlord: Union Investment
  • Tenant's Representatives: Ramsey Feher, Sacha Zarba - CBRE
  • Lease Date: 06/17/2016

This lease agreement highlights the representation of Paradigm Talent Agency by Ramsey Feher and Sacha Zarba from CBRE. The landlord in this transaction is Union Investment, which has engaged in the leasing of this office space to the tenant.

Players

Ramsey Feher

CBRE

Broker

6 deals

Broker
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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93