facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Lease

/

809 Broadway, New York, NY,...

Inspired Capital Leases Office Space At 809 Broadway, New York
LEASEDOffice

Inspired Capital Leases Office Space At 809 Broadway, New York

809 Broadway, New York, NY, 10003

Building Size

3,162 SF

Asset Type

Office

Closing

Jul 31, 2019

AI

Located at 809 Broadway in New York, NY, 10003, the recently leased office space spans 3,162 square feet. The landlord, 809 Broadway LLC, successfully leased the property to the new tenant, Inspired Capital, with the deal facilitated by tenant's representative Scott Brown from Newmark.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Inspired Capital
  • Tenant's Rep: Scott Brown (Newmark)
  • Landlord: 809 Broadway LLC

The lease agreement, finalized on July 31, 2019, marks a significant transaction in the New York office market. Inspired Capital's choice of this space at 809 Broadway reflects a strategic move, positioning them in a prime location within New York City.

Players

Scott Brown

Newmark

Broker

10 deals

Broker
8L
809 Broadway LLCLandlord
IC
Inspired CapitalTenant

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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