Ten Thousand Leases Office Space At 61 Broadway In FiDi With Tenant's Rep Nomad Group
61 Broadway, Financial District, New York, NY 10006
Building Size
8,435 SF
Asset Type
Office
Closing
Dec 20, 2021
AI
An office space located at 61 Broadway in the Financial District (FiDi) has been leased. The transaction took place on December 20, 2021. The property, spanning approximately 8,435 square feet, was leased by Ten Thousand.
Summary of transation details
- Property Type: Office
- Transaction Date: December 20, 2021
- Address: 61 Broadway
- Market: FiDi
- Tenant: Ten Thousand
- Tenant's Representative: Matthew DeRose, Catherine Vilar & William Janetschek - Nomad Group
- Landlord: RXR Realty
- Landlord's Representative: Evin Blatt & Dan Birney - RXR Realty
- Asking Rent: $60/ft.
- Square Footage: 8,435
The lease deal was facilitated by Matthew DeRose, Catherine Vilar, and William Janetschek from Nomad Group representing Ten Thousand. On the landlord's side, Evin Blatt and Dan Birney from RXR Realty acted as representatives.
Players
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