facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

Goelet Building, 900 Broadw...

Radish Health Leases Office Space In Flatiron District At 900 Broadway
LEASEDOffice

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

Matthew DeRose
Verified Badge

Matthew DeRose

Nomad Group

Broker

35 deals

Broker

William Janetschek

Nomad Group

Broker

$3.8M

vol

30 deals

Broker
Adam Justin

Adam Justin

Management

Landlord

$235.5M

vol

17 deals

Landlord

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