Bachrach Group Leases 15800 Square Feet At 1430 Broadway New York For $52 Per SF
LEASED
$52
New York
See Similar DealsOffice15,800 SF
Leased 10/24/2019
LEASED
Bachrach Group Leases 15800 Square Feet At 1430 Broadway New York For $52 Per SF
1430 Broadway, New York, NY, 10018
See Similar DealsOffice15,800 SF
Leased 10/24/2019
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$52
Total Square Footage:15,800 SF
Transaction Type:Lease
A lease transaction has taken place at 1430 Broadway, New York, NY, 10018. The property spans 15,800 square feet with a rent of $52 per square foot in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1430 Broadway, New York, NY, 10018
- Tenant: Bachrach Group
- Landlord: Steinberg & Pokoik Management
- Tenant's Representative: James Cleary - SquareFoot, Jeffrey Rosenblatt - Lincoln Property Company
- Landlord's Representative: Kenneth Kronstadt - Newmark Grubb Knight Frank
The deal involves key individuals representing the tenant and the landlord, showcasing the collaboration of multiple parties in the transaction. James Cleary from SquareFoot and Jeffrey Rosenblatt from Lincoln Property Company represented the tenant, while Kenneth Kronstadt from Newmark Grubb Knight Frank represented the landlord.
Players
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$941,872.32
Total Lease Value
$9,418,723.24
Net Landlord Cash Flow$941,872.32
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