MKDA Leases 13,700 Square Feet At 902 Broadway New York With Landlord The Rosen Family
902 Broadway, New York, NY, 10010
Building Size
13,700 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 902 Broadway, New York, NY, 10010. This asset has a total square footage of 13,700 and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 902 Broadway, New York, NY, 10010
- Square Feet: 13,700
- Tenant: MKDA
- Landlord: The Rosen Family
- Tenant's Representative: Michael Beyda - Benchmark Properties, Eliot Goldschmidt
- Landlord's Representative: David Koeppel - Koeppel Rosen
This lease transaction highlights the involvement of a tenant and landlord, with MKDA as the tenant and the Rosen Family as the landlord. The transaction was facilitated by representatives, with Michael Beyda and Eliot Goldschmidt representing the tenant and David Koeppel representing the landlord.
On the Map
Office
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Players
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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