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Flagstar Bank Assumes Lease At 1400 Broadway In New York City
LEASED
New York
See Similar DealsOffice313,109 SF
Leased 05/23/2023
LEASED
Flagstar Bank Assumes Lease At 1400 Broadway In New York City
1400 Broadway New York, New York 10018, USA
See Similar DealsOffice313,109 SF
Leased 05/23/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:313,109 SF
Transaction Type:Lease
The lease at 1400 Broadway in New York has been assumed by Flagstar Bank, N.A. The space spans a total of 313,109 square feet and the lease terms will remain the same until 2039.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 1400 Broadway, New York
- Market: New York
- SF: 313,109
Flagstar Bank, N.A has taken over the lease at 1400 Broadway. The transaction was facilitated by Empire State Realty Trust, Inc., the landlord of the property.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$17,947,218.94
Total Lease Value
$179,472,189.37
Net Landlord Cash Flow$17,947,218.94
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