SDC Capital Partners Leases 9980 SF Office In New York From Taconic Investment Partners
817 Broadway, New York, NY, 10003
Building Size
9,980 SF
Asset Type
Office
Closing
May 14, 2019
AI
The office located at 817 Broadway, New York, NY, 10003, spanning 9,980 square feet, was leased on May 14, 2019. The lease transaction involved SDC Capital Partners as the tenant and Taconic Investment Partners as the landlord. The tenant was represented by Stephen Eynon from CBRE.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: SDC Capital Partners
- Landlord: Taconic Investment Partners
- Square Feet: 9,980
- Tenant's Rep: Stephen Eynon (CBRE)
The deal's key individuals included Stephen Eynon representing the tenant, SDC Capital Partners, in the lease transaction for the office space at 817 Broadway in New York. Taconic Investment Partners acted as the landlord in this leasing agreement.
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