Berenik Boutique & Talenthouse N.Y. Leases 9000 Square Feet At 419 Broome St, New York
419 Broome St, New York, NY, 10013
Building Size
9,000 SF
Asset Type
Office
Closing
Jun 30, 2017
AI
The property involved in this transaction is located at 419 Broome St, New York, NY, 10013. It encompasses a total area of 9,000 square feet and is situated within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 419 Broome St, New York, NY, 10013
- Square Feet: 9,000
- Landlord: Broad Broome LLC
- Tenant: Berenik Boutique & Talenthouse N.Y.
- Landlord's Representative: Emily Simmonds - Ripco
This transaction highlights the involvement of Berenik Boutique & Talenthouse N.Y. as the tenant acquiring the lease from Broad Broome LLC, with representation by Emily Simmonds from Ripco, ensuring all parties were well served in the process.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93