Jonathan Fein Of Cushman & Wakefield Represents Tenant In Lease At 96 Broadway New York
96 Broadway, New York, NY, 10005
Building Size
17,460 SF
Asset Type
Office
Closing
Mar 21, 2016
AI
The property involved in this lease transaction is located at 96 Broadway, New York, NY, 10005. It comprises a total of 17,460 square feet and is situated in the New York market.
Summary of transation details:
- Property Type: LEASE
- Transaction Amount: Not disclosed
- Address: 96 Broadway, New York, NY, 10005
- Market: New York
- Square Feet: 17,460
- Landlord: Northwood Investors
- Tenant's Representative: Jonathan Fein, Cushman & Wakefield
This transaction involves Northwood Investors as the landlord and Jonathan Fein from Cushman & Wakefield representing the tenant. Specific details regarding the tenant have not been disclosed in this context.
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