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
About this deal
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.
On the Map
$65
$65/SF
Office
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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