2067 Broadway
2067 Broadway
Building Size
3,000 SF
Asset Type
Office
Closing
Apr 28, 2025
About this deal
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.
On the Map
Office
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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