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592 Broadway, New York, NY,...

Lease Signed By Tenant At 592 Broadway New York Represented By Joe McLaughlin Of Capstone Realty Advisors
LEASEDOffice

Lease Signed By Tenant At 592 Broadway New York Represented By Joe McLaughlin Of Capstone Realty Advisors

592 Broadway, New York, NY, 10012

Building Size

14,569 SF

Asset Type

Office

Closing

Nov 21, 2022

AI

The property involved in this transaction is located at 592 Broadway, New York, NY, 10012. It comprises a total area of 14,569 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 592 Broadway, New York, NY, 10012
  • Market: New York
  • Landlord: GFP Real Estate
  • Tenant's Representative: Joe McLaughlin - Capstone Realty Advisors

GFP Real Estate is the landlord involved in this lease transaction. The representation of the tenant was conducted by Joe McLaughlin from Capstone Realty Advisors, ensuring that the interests of the tenant were effectively managed throughout the lease process.

Players

Joe McLaughlin

Capstone Realty Advisors

Broker

4 deals

Broker
GFP Real Estate
GFP Real EstateLandlord

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