Raymond America Leases 3479 Square Feet At 1501 Broadway New York Represented By Kara Luwisch
1501 Broadway, New York, NY, 10036
Building Size
3,479 SF
Asset Type
Office
Closing
Oct 10, 2017
About this deal
AI
The property involved in this lease transaction is located at 1501 Broadway, New York, NY, 10036. It encompasses a total area of 3,479 square feet within the competitive New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1501 Broadway, New York, NY, 10036
- Market: New York
- Square Feet: 3,479
- Tenant: Raymond America
- Landlord: Paramount Leasehold
- Tenant's Representative: Kara Luwisch (TOWN Commercial)
- Landlord's Representative: Matthew Hoffmann (Avison Young)
This lease transaction sees Raymond America as the tenant, represented by Kara Luwisch from TOWN Commercial. The landlord, Paramount Leasehold, is represented by Matthew Hoffmann from Avison Young, indicating a professional engagement between the parties involved in this deal.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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