facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Lease

/

2150 Broadway, New York, NY...

Compass Leases 8725 SF At 2150 Broadway New York With Stahl Organization As Landlord
LEASEDOffice

Compass Leases 8725 SF At 2150 Broadway New York With Stahl Organization As Landlord

2150 Broadway, New York, NY, 10023

$125

$125/SF

Building Size

8,725 SF

Asset Type

Office

Closing

Feb 2, 2017

AI

The property involved in this lease transaction is located at 2150 Broadway, New York, NY, 10023. The transaction occurs in the New York market. The leased space encompasses a total of 8,725 square feet with a rent of $125 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: $1,090,625
  • Address: 2150 Broadway, New York, NY, 10023
  • Market: New York
  • Tenant: Compass
  • Landlord: Stahl Organization
  • Tenant's Representative: Jim McCaffrey - Cushman & Wakefield
  • Landlord's Representative: Drew Weiss - Newmark

This lease transaction marks the collaboration between Compass as the tenant and Stahl Organization as the landlord, facilitated by their respective representatives Jim McCaffrey from Cushman & Wakefield and Drew Weiss from Newmark. This agreement reflects their professional engagement in the New York commercial real estate market.

Players

Drew Weiss

Newmark

Broker

10 deals

Broker
Compass
CompassBrokerage
Compass
CompassTenant

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93