Bonjour Jewelry Leases 550 Square Feet At 1600 Broadway New York From Sherwood Equities
1600 Broadway, New York, NY, 10019
Building Size
550 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The lease involves a commercial space located at 1600 Broadway, New York, NY, 10019. The property spans 550 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1600 Broadway, New York, NY, 10019
- Market: New York
- Tenant: Bonjour Jewelry
- Landlord: Sherwood Equities
- Tenant's Representative: Fritz Kemerling - Atlantic Retail
This transaction highlights the collaboration between the parties involved, specifically the landlord Sherwood Equities and the tenant Bonjour Jewelry, with representation provided by Fritz Kemerling from Atlantic Retail, facilitating the lease agreement.
On the Map
Office
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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