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
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