Lightspeed Venture Partners Leases Office Space At 799 Broadway In Greenwich Village
799 Broadway
$175
$175/SF
Building Size
9,300 SF
Asset Type
Office
Closing
Aug 9, 2022
About this deal
AI
An office space located at 799 Broadway in Greenwich Village has been leased. The property, spanning 9,300 square feet, was leased by Lightspeed Venture Partners. The transaction took place on 09/08/2022, with an asking rent of $175 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease
- Address: 799 Broadway
- Market: Greenwich Village
The landlord for this property is Columbia Property Trust, represented by Dave Cheikin. The tenant, Lightspeed Venture Partners, was represented by Steven Rotter, Brett Harvey, Hugh Scott, and Derek Johnson from JLL. The landlord's representatives in the deal were Mitchell Konsker, Benjamin Bass, and Sam Seiler, also from JLL.
On the Map
$175
$175/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
90645.71%
Cash-on-Cash
-25906.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93