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483 Broadway

Aurora Capital Associates Leases Office Space To Fever At 483 Broadway In Soho For 5 Years
LEASEDOffice

Aurora Capital Associates Leases Office Space To Fever At 483 Broadway In Soho For 5 Years

483 Broadway

$78

$78/SF

Building Size

13,669 SF

Asset Type

Office

Closing

Mar 13, 2026

AI

The property asset involved in this transaction is an office space located at 483 Broadway in the Soho market. It has a total square footage of 13,669 and is leased under a modified gross lease agreement for a term of five years with an asking rent of $78 per square foot.

Summary of transaction details:

The lease transaction was facilitated by key representatives from the involved parties, with JD Cohen and Ariel Hardwood from Newmark representing the landlord Aurora Capital Associates. On the tenant side, the representatives from Nomad Group, Matthew DeRose, Calvin Bruwelheide, and William Janetschek, assisted Fever in securing the lease.

Players

Matthew DeRose
Verified Badge

Matthew DeRose

Nomad Group

Broker

35 deals

Broker

William Janetschek

Nomad Group

Broker

$3.8M

vol

30 deals

Broker
Aurora Capital Associates
Aurora Capital AssociatesLandlord

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

203371.79%

Cash-on-Cash

-58124.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93