SL Green Realty Corp. Leases 40000 Square Feet At 1680 Broadway With Tenant's Representative Daniel Levine
1680 Broadway, New York, NY, 10019
Building Size
40,000 SF
Asset Type
Office
Closing
Sep 5, 2018
About this deal
AI
The property located at 1680 Broadway, New York, NY, 10019 consists of 40,000 square feet. It is situated in the New York market and is leased to an undisclosed tenant. The landlord for this transaction is SL Green Realty Corp.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1680 Broadway, New York, NY, 10019
- Market: New York
- Square Feet: 40,000
- Landlord: SL Green Realty Corp.
- Tenant's Representative: Daniel Levine-Newmark
The transaction highlights the role of Daniel Levine from Newmark, who represents the tenant in this lease agreement, facilitating the negotiations between the involved parties. No details regarding the tenant have been disclosed.
On the Map
Office
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Players
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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