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521 Broadway, New York, NY,...

Knotel Leases 14000 Square Feet At 521 Broadway New York Represented By Elie Reiss
LEASEDOffice

Knotel Leases 14000 Square Feet At 521 Broadway New York Represented By Elie Reiss

521 Broadway, New York, NY, 10012

Building Size

14,000 SF

Asset Type

Office

Closing

Jan 30, 2018

AI

The property involved in the transaction is located at 521 Broadway, New York, NY, 10012. This lease transaction encompasses a total area of 14,000 square feet in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 521 Broadway, New York, NY, 10012
  • Market: New York
  • Tenant: Knotel
  • Landlord: Rumpf
  • Tenant's Representative: Elie Reiss - Skylight Leasing

In this transaction, Elie Reiss from Skylight Leasing represents the tenant, Knotel, while the landlord in this deal is Rumpf. The interaction highlights the involvement of key players in the leasing process without reiterating previously mentioned details.

Players

Elie Reiss

Skylight Leasing

Broker

10 deals

Broker
Knotel
KnotelBrokerage
Nolita Group
Nolita GroupBrokerage
Knotel
KnotelTenant

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