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:
- Property Type: Office
- Transaction Amount: $78/ft
- Address: 483 Broadway
- Market: Soho
- Lease Term: 5 Years
- Lease Type: Modified Gross Lease
- Landlord: Aurora Capital Associates
- Tenant: Fever
- Landlord's Representative: JD Cohen & Ariel Hardwood - Newmark
- Tenant's Representative: Matthew DeRose, Calvin Bruwelheide & William Janetschek - Nomad Group
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
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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