FairFigure Leases Office Space At 299 Broadway In Tribeca With Jonathan Bock And Greg Goldberg As Reps
299 Broadway
$36
$36/SF
Building Size
1,894 SF
Asset Type
Office
Closing
Jun 17, 2025
AI
The property asset involved in this transaction is an office space located at 299 Broadway in the Tribeca market of Manhattan. The lease covers an area of 1,894 square feet with an asking rent of $36 per square foot. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $36/ft
- Address: 299 Broadway
- Market: Tribeca, Manhattan
- Asset Size: 1,894 SF
- Landlord: Samuel Rosenblatt - Olmstead Properties
- Tenant: FairFigure
- Landlord's Representative: Jonathan Bock - Olmstead Properties
- Tenant's Representative: Greg Goldberg - Meridian Capital Group
The deal features landlord Samuel Rosenblatt representing Olmstead Properties, while the tenant FairFigure is represented by Greg Goldberg from Meridian Capital Group. Jonathan Bock also represents the landlord in this transaction.
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
440638.89%
Cash-on-Cash
-125935.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93