LEASEDOffice
Sirius Group Leases 8371 Square Feet At 140 Broadway New York From Union Investment Represented By Adam Foster
140 Broadway, New York, NY, 10005
Building Size
8,371 SF
Asset Type
Office
Closing
Feb 6, 2017
AI
The property located at 140 Broadway, New York, NY, 10005 is a lease transaction involving a total square footage of 8,371. The market for this transaction is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Tenant: Sirius Group
- Landlord: Union Investment
- Tenant's Representative: Adam Foster, CBRE
This transaction features Sirius Group as the tenant, securing their new space from the landlord, Union Investment. Adam Foster from CBRE represented the tenant in this lease agreement.
Players
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