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1675 Broadway, New York, NY...

Apifiny Leases Office Space At 1675 Broadway, New York With Rudin Management Company
LEASEDOffice

Apifiny Leases Office Space At 1675 Broadway, New York With Rudin Management Company

1675 Broadway, New York, NY, 10019

Building Size

12,022 SF

Asset Type

Office

Closing

Sep 20, 2021

AI

The office property located at 1675 Broadway in New York, NY, 10019, has been leased. The space measures 12,022 square feet and the transaction took place on September 20, 2021, in the vibrant New York market. The tenant, Apifiny, secured this office space from the landlord, Rudin Management Company. Sam Einhorn represented the tenant, while Robert Steinman represented the landlord in this lease agreement.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Tenant: Apifiny
  • Landlord: Rudin Management Company

This lease deal involved key individuals in the real estate market. Sam Einhorn served as the tenant's representative, ensuring the successful acquisition of the 12,022 square feet office space on Broadway. On the other side, Robert Steinman acted as the landlord's representative, facilitating the transaction with Rudin Management Company.

Players

Robert Steinman

Rudin Management Company

Broker

11 deals

Broker
Rudin Management Company
Rudin Management CompanyLandlord

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