Change To Win Leases 4197 Square Feet At 90 Broad St New York From Princeton International Properties
90 Broad St, New York, NY, 10004
Building Size
4,197 SF
Asset Type
Office
Closing
Dec 30, 2016
AI
The lease involves a property located at 90 Broad St, New York, NY, 10004, within the New York market. The asset features a total area of 4,197 square feet. The landlord for this transaction is Princeton International Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 90 Broad St, New York, NY, 10004
- Market: New York
- Tenant: Change to Win
- Landlord: Princeton International Properties
- Tenant's Representative: Daniel Rodriguez Sains, Emory Hardy-Bantam Realty Services
This transaction highlights the involvement of Change to Win as the tenant, represented by Daniel Rodriguez Sains along with Emory Hardy from Bantam Realty Services. The deal showcases the collaboration between the tenant and its representatives in securing the lease agreement with Princeton International Properties.
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