Nirvana Health Leases Office Space At 821 Broadway In Greenwich Village
821 Broadway, New York City, New York 10003, United States
Building Size
3,713 SF
Asset Type
Office
Closing
Dec 1, 2021
AI
Located at 821 Broadway in Greenwich Village, the recently leased property is an office space spanning approximately 3,713 square feet. The transaction took place on December 1, 2021.
Summary of transation details
- Property Type: Office
- Transaction Amount: N/A
- Address: 821 Broadway
- Market: Greenwich Village
Nirvana Health, represented by Matthew DeRose and Catherine Vilar from Nomad Group, is the new tenant of the property. The landlord, Gordon Property Group, was represented by Seth Hecht of JLL. The office space was leased at an asking rent of $68 per square foot.
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