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1407 Broadway

Tishman Speyer Leases Office Space To Isaac Import At 1407 Broadway In Midtown For $60/ft
LEASEDOffice

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

Eli Yadid

Kassin Sabbagh Realty

Broker

$16M

vol

38 deals

Broker
Sam Brodsky

Sam Brodsky

Tishman Speyer

Landlord

2 deals

Landlord

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