EY Leases Office Space At 841 Broadway, New York From The Feil Organization
841 Broadway, New York, NY, 10003
Building Size
26,919 SF
Asset Type
Office
Closing
Jun 19, 2018
AI
The property at 841 Broadway, New York, NY, 10003, is an office asset encompassing 26,919 square feet. The landlord, The Feil Organization, successfully leased this office space to the tenant EY, in a deal facilitated by Samuel Clark of Cushman & Wakefield representing the tenant, and Robert Fisher from The Feil Organization advocating for the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Market: New York
- Tenant's Rep: Samuel Clark (Cushman & Wakefield)
- Landlord's Rep: Robert Fisher (The Feil Organization)
The lease agreement for this office space was finalized on June 19, 2018, marking a significant transaction in the New York real estate market. EY, as the tenant, will now occupy the 26,919 square feet of office space under the supervision of The Feil Organization, the property's owner. The involvement of Samuel Clark and Robert Fisher as the representatives further solidified the deal, ensuring a successful leasing outcome for both parties involved.
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