Preymaker Inc Leases 11,600 SF Office Space At 599 Broadway In New York City With Landlord's Rep Daniel Lolai & Raymond Balassiano And Tenant's Rep Ken Fishel - Legacy Real Estate
599 Broadway
Building Size
11,600 SF
Asset Type
Office
Closing
Mar 15, 2023
About this deal
AI
Preymaker Inc has leased a 11,600 square foot office space at 599 Broadway in New York City. The property, owned by Kevin Shahery of Monarch Realty Holdings, was leased for an asking rent of $68 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Lease
- Address: 599 Broadway
- Market: New York City
Daniel Lolai and Raymond (Ray Balas) Balassiano of LSL Advisors represented the landlord, Kevin Shahery - Monarch Realty Holdings, while Ken Fishel of Legacy Real Estate represented the tenant, Preymaker Inc.
On the Map
Office
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Players
Market 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
233279.41%
Cash-on-Cash
-66671.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93