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915 Broadway, New York, NY,...

Radian Capital Leases 2775 Square Feet At 915 Broadway New York From 915 Broadway Associates LLC
LEASEDOffice

Radian Capital Leases 2775 Square Feet At 915 Broadway New York From 915 Broadway Associates LLC

915 Broadway, New York, NY, 10010

Building Size

2,775 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this lease transaction is located at 915 Broadway, New York, NY, 10010, within the New York market. The total square footage for the space is 2,775 square feet. The landlord for this property is 915 Broadway Associates LLC.

Summary of transaction details:

The key individuals involved in this transaction include the landlord's representative, Gregg Schenker from ABS Partners Real Estate, who facilitated the lease, and brokers Jeffrey Fischer and Jeff Fischer, both from CBRE, representing the interests in the transaction.

Players

Jeffrey Fischer

CBRE

Broker

16 deals

Broker

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