Etc.venues Leases 23000 Square Feet At 1680 Broadway New York From SL Green Realty With Brokers Brian Halberg And Gary Davies Of CBRE
1680 Broadway, New York, NY, 10019
Building Size
23,000 SF
Asset Type
Office
Closing
Sep 21, 2022
AI
The property involved in this lease transaction is located at 1680 Broadway, New York, NY, 10019. It encompasses a total area of 23,000 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: etc.venues
- Landlord: SL Green Realty
- Tenant's Representative: Brian Halberg, Gary Davies -CBRE
This transaction involved the negotiation between SL Green Realty as the landlord and etc.venues as the tenant, with the representation of the tenant being handled by Brian Halberg and Gary Davies from CBRE.
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