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1730 Broadway, New York, NY...

Arcade Beauty Leases 10151 Square Feet At 1730 Broadway New York From Equity Office With JLL's Christine Tong
LEASEDOffice

Arcade Beauty Leases 10151 Square Feet At 1730 Broadway New York From Equity Office With JLL's Christine Tong

1730 Broadway, New York, NY, 10019

Building Size

10,151 SF

Asset Type

Office

Closing

Nov 28, 2016

AI

The property asset involved in this lease transaction is located at 1730 Broadway, New York, NY, 10019. It is situated in the New York market and encompasses a total area of 10,151 square feet. The landlord for this transaction is Equity Office, while the tenant is Arcade Beauty.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Square Feet: 10,151
  • Address: 1730 Broadway, New York, NY, 10019
  • Market: New York
  • Tenant: Arcade Beauty
  • Landlord: Equity Office
  • Tenant's Representative: Christine Tong-JLL

Key individuals involved in this leasing deal include Christine Tong from JLL, representing the tenant Arcade Beauty. The transaction reflects strategic arrangements between the involved parties, highlighting the roles of the landlord and tenant representatives in facilitating this agreement.

Players

Christine Tong

JLL

Broker

2 deals

Broker
EO
Equity OfficeLandlord

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