2067 Broadway
2067 Broadway
$55
$55/SF
Building Size
3,000 SF
Asset Type
Office
Closing
Apr 28, 2025
AI
The asset involved in this transaction is an office space located at 2067 Broadway - 7th Floor in the Lincoln Square market. The leased area is 3,300 square feet with an asking rent of $55 per square foot. The lease term is set for 10 years under a modified gross lease structure.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $55/ft
- Lease Term: 10 years
- Lease Type: Modified Gross Lease
- Landlord: Oren Neria
- Tenant: Erin Abrahams - Calico Veterinary NYC
- Landlord's Representative: Chandler Slate, Ely Akiva & Jacob Rishty - Tri State Commercial Realty
- Tenant's Representative: Evan Gasman
The deal was facilitated by key representatives: Chandler Slate, Ely Akiva, and Jacob Rishty represented the landlord Oren Neria, while Evan Gasman represented the tenant, Erin Abrahams of Calico Veterinary NYC. This collaboration indicates a strategic negotiation process supporting both parties in this leasing agreement.
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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93