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841 Broadway, New York, NY,...

Updated Oct 29, 2024

EY Leases Office Space At 841 Broadway, New York From The Feil Organization
LEASEDOffice

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

About this deal

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.

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Players

Robert Fisher

The Feil Organization

Broker

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Broker
The Feil Organization
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New York Office Market Snapshot

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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

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