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408 Broadway

Laboz Family Leases Office Space To Jonathan Bensamoun At 408 Broadway For $75/ft
LEASEDOffice

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

Alexander Riguardi

JLL

Broker

$588.1M

vol

7 deals

Broker
Fiduciam
FiduciamTenant

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