Laboz Family Leases Office Space To Jonathan Bensamoun At 408 Broadway For $75/ft
408 Broadway
$75
$75/SF
Building Size
15,000 SF
Asset Type
Office
Closing
Apr 30, 2026
AI
The property involved in this lease transaction is an office asset located at 408 Broadway in Manhattan. The space has a total square footage of 15,000 and is under a modified gross lease type with an asking rent of $75 per square foot. It is notable that the building is undergoing a lobby renovation and other upgrades, situated in a prime SoHo location with excellent transit access.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $75/ft
- Square Footage: 15,000
- Address: 408 Broadway
- Market: Manhattan
- Landlord: Laboz Family - UAL
- Tenant: Jonathan Bensamoun - Fi & Thor (Chief Dog Officer)
- Landlord's Representative: Alexander Riguardi - JLL
- Tenant's Representative: Lance Leighton - SquareFoot
- Lease Type: Modified Gross Lease
Key individuals in the transaction include Jonathan Bensamoun, who represents the tenant, Fi & Thor, serving in the capacity of Chief Dog Officer. Lance Leighton represents the tenant’s interests through SquareFoot. Alexander Riguardi facilitates the deal on behalf of the landlord, Laboz Family - UAL, through JLL. Jack Laboz may be contacted for additional information regarding remaining availability.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93