United Hospital Fund Renews Lease For 22,083 Square Feet At 1411 Broadway In Manhattan
1411 Broadway
Building Size
22,083 SF
Asset Type
Office
Closing
Jan 21, 2026
AI
The property involved in this transaction is an office asset located at 1411 Broadway in Manhattan, encompassing a total area of 22,083 square feet. The landlord for this property is La Caisse, and the tenant who has secured the lease is United Hospital Fund.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1411 Broadway
- Market: Manhattan
- Landlord: La Caisse
- Tenant: United Hospital Fund
- Landlord's Representative: Paul Amrich, Neil King & Emily Jones Chabrier - CBRE
- Tenant's Representative: Josh Kuriloff, Matthias Li & Heather Thomas - Cushman & Wakefield
- Lease Renewal: Yes
- Previous Location: 12th floor
- New Location: 7th floor
This lease renewal represents the involvement of key individuals such as Paul Amrich, Neil King, and Emily Jones Chabrier, who acted as representatives for the landlord through CBRE, while Josh Kuriloff, Matthias Li, and Heather Thomas represented the tenant via Cushman & Wakefield.
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