facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

584 Broadway, New York, NY,...

Knotel Leases 23464 Square Feet At 584 Broadway New York With Elie Reiss As Tenant's Rep
LEASEDOffice

Knotel Leases 23464 Square Feet At 584 Broadway New York With Elie Reiss As Tenant's Rep

584 Broadway, New York, NY, 10012

Building Size

23,464 SF

Asset Type

Office

Closing

Jan 25, 2018

AI

The property involved in this lease transaction is located at 584 Broadway, New York, NY, 10012. It encompasses a total of 23,464 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not provided
  • Address: 584 Broadway, New York, NY, 10012
  • Square Feet: 23,464
  • Tenant: Knotel
  • Landlord: Olmstead Properties
  • Tenant's Representative: Elie Reiss - Skylight Leasing

This transaction highlights the involvement of key representatives, with Elie Reiss acting on behalf of the tenant, Knotel. The landlord, Olmstead Properties, plays an essential role in this lease agreement.

Players

Elie Reiss

Skylight Leasing

Broker

10 deals

Broker
Knotel
KnotelBrokerage
Olmstead Properties
Olmstead PropertiesLandlord
Knotel
KnotelTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93