Radish Health Leases Office Space In Flatiron District At 900 Broadway
Goelet Building, 900 Broadway, New York City, New York 10003, United States
Building Size
5,500 SF
Asset Type
Office
Closing
Dec 1, 2021
AI
Radish Health has leased an office space located at 900 Broadway in the Flatiron District. The property, with a total square footage of 5,500, was leased from the landlord, Justin Management. The lease transaction was facilitated by the tenant's representatives, Matthew DeRose, William Janetschek, and Luis Ramirez from Nomad Group, and the landlord's representative, Adam Justin from Justin Management. The asking rent for the space was $65 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not available
- Address: 900 Broadway
- Market: Flatiron District
The lease agreement between Radish Health and Justin Management for the office space at 900 Broadway in the Flatiron District was facilitated by Matthew DeRose, William Janetschek, and Luis Ramirez from Nomad Group, representing the tenant, and Adam Justin from Justin Management, representing the landlord.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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