LEASEDOffice
Showroomify Leases 8,285 Square Feet Office Space In NoHo From Elliot Chehebar
625 Broadway
$80
$80/SF
Building Size
8,285 SF
Asset Type
Office
Closing
Sep 10, 2026
About this deal
AI
The transaction involves an office space located at 625 Broadway in the NoHo market. The leased asset totals 8,285 square feet and is under a Modified Gross Lease at an asking rent of $80 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $80/ft
- Address: 625 Broadway
- Market: NoHo
- Landlord: Elliot Chehebar
- Tenant: Showroomify
- Brokers: Michael Gammal & Avery Reavill - KSR
- Square Footage: 8,285
- Lease Type: Modified Gross Lease
Michael Gammal and Avery Reavill represented the landlord in this transaction. They also noted that there is an additional 8,285 square feet available and provided contact information for further inquiries regarding the property.
On the Map
$80
$80/SF
Office
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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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93