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817 Broadway

Unity Technologies Leases 10,000 Square Feet At 817 Broadway In Manhattan For Full Occupancy
LEASEDOffice

Unity Technologies Leases 10,000 Square Feet At 817 Broadway In Manhattan For Full Occupancy

817 Broadway

Building Size

Asset Type

Office

Closing

Aug 11, 2025

AI

The asset involved in this transaction is an office space located at 817 Broadway in the Union Square market of Manhattan. The building encompasses a total of 140,000 square feet, which has now reached full occupancy following the recent lease agreement.

Summary of transaction details:

In this transaction, Unity Technologies leased 10,000 square feet within the building, effectively securing their space in a fully occupied asset. Savills provided representation for the tenant, while the landlord's interests were represented by Newmark during the lease negotiation process.

Players

David Falk
Verified Badge

David Falk

Newmark

Broker

61 deals

Broker
Savills
SavillsBrokerage
Newmark
NewmarkBrokerage
William (Bill) Huffman

William Huffman

Nuveen

Landlord

$2B

vol

26 deals

Landlord
Nuveen
NuveenLandlord
Matthew Bromberg

Matthew Bromberg

Tenant

1 deal

Tenant

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