Breather Leases 2145 Square Feet At 49 Broad St New York From Rudin Management Company
49 Broad St, New York, NY, 10004
$50
$50/SF
Building Size
2,145 SF
Asset Type
Office
Closing
Jul 3, 2017
AI
The lease transaction involves a property located at 49 Broad St, New York, NY, within the New York market. The space encompasses 2,145 square feet and has a rent value of $50 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: $107,250
- Address: 49 Broad St, New York, NY, 10004
- Market: New York
- Tenant: Breather
- Landlord: Rudin Management Company
- Tenant's Representatives: Maggie Burns - Breather, Hank Jonap - Breather
This transaction is represented for the tenant by Maggie Burns and Hank Jonap, both affiliated with Breather. The landlord managing the property is Rudin Management Company, engaging in this lease arrangement.
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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93