EVA Airways Leases Office Space At 1450 Broadway, New York From ZG Capital Partners
1450 Broadway, New York, NY, 00000
Building Size
4,109 SF
Asset Type
Office
Closing
Dec 15, 2022
AI
The property asset involved in this transaction is an office space located at 1450 Broadway, New York, NY. This asset encompasses a total area of 4,109 square feet and falls within the New York market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1450 Broadway, New York, NY
- Square Feet: 4,109
- Landlord: ZG Capital Partners
- Tenant: EVA Airways
- Landlord's Representative: Gregory Wang-JLL
In this transaction, EVA Airways enters into a lease agreement with ZG Capital Partners, facilitated by the landlord's representative, Gregory Wang from JLL. This engagement represents a strategic move for EVA Airways within the New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93