CBRE Represents Ivanhoe Cambridge In 17000 SF Office Lease In New York
1411 Broadway, New York, NY, 10018
Building Size
17,000 SF
Asset Type
Office
Closing
Dec 7, 2016
About this deal
AI
The property at 1411 Broadway, New York, NY, 10018, is an office asset comprising 17,000 square feet. The landlord, Ivanhoe Cambridge, completed a lease transaction on December 7, 2016, in the New York market. The landlord's representative for this deal was Patrice Meagher from CBRE.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: New York
The lease agreement at 1411 Broadway was facilitated by Patrice Meagher from CBRE, representing the landlord, Ivanhoe Cambridge, in the transaction.
On the Map
Office
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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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93