Professional Group Plans Leases 4281 Square Feet At 90 Broad St With FCA As Landlord
90 Broad St, New York, NY, 10004
Building Size
4,281 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 90 Broad St, New York, NY, 10004. It comprises a total area of 4,281 square feet and falls within the New York market. The landlord for this transaction is FCA.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 90 Broad St, New York, NY, 10004
- Square Feet: 4,281
- Landlord: FCA
- Tenant: Professional Group Plans
- Landlord's Representative: Edward DiTolla - JLL
The key individuals involved in this lease are Edward DiTolla representing the landlord, FCA, and the tenant, Professional Group Plans. The transaction highlights the collaboration between these parties in securing the lease agreement for the specified property.
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