Tishman Speyer Leases Office Space To Isaac Import At 1407 Broadway In Midtown For $60/ft
1407 Broadway
$60
$60/SF
Building Size
20,716 SF
Asset Type
Office
Closing
Mar 25, 2026
AI
The asset involved in this transaction is an office space located at 1407 Broadway in Midtown. The leasing arrangement includes a retail lease type with an asking rent of $60 per square foot. The total square footage for the space is 20,716. The landlord for this property is Tishman Speyer.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $60/ft
- Address: 1407 Broadway
- Market: Midtown
- Landlord: Tishman Speyer
- Tenant: Isaac Import
- Landlord's Representative: Sam Brodsky - Tishman Speyer
- Tenant's Representative: Eli Yadid - KSR
The transaction was facilitated by Sam Brodsky representing the landlord Tishman Speyer and Eli Yadid acting on behalf of the tenant Isaac Import. The lease reflects a strategic move for both parties in the Midtown market.
Players
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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93