Weber, Gallagher, Simpson, Stapleton Fires & Newby Leases 6652 Square Feet At 1500 Broadway New York
1500 Broadway, New York, NY, 10036
Building Size
6,652 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property is located at 1500 Broadway, New York, NY, 10036. It encompasses a total area of 6,652 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 6,652
- Address: 1500 Broadway, New York, NY, 10036
- Market: New York
- Landlord: Tamares Realty
- Tenant: Weber, Gallagher, Simpson, Stapleton Fires & Newby
- Landlord's Representatives: Emily Jones - CBRE, Georgina Cook - Artisan Alliance
This transaction involves the landlord Tamares Realty and the tenant Weber, Gallagher, Simpson, Stapleton Fires & Newby. Emily Jones from CBRE and Georgina Cook from Artisan Alliance represented the landlord in this leasing deal.
On the Map
Office
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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