Annabelle Selldorf Of Selldorf Architects Renews 13,815 SF Lease At 860 Broadway For 10 Years
860 Broadway
Building Size
13,815 SF
Asset Type
Office
Closing
Aug 8, 2026
AI
The property asset involved in this transaction is an office space located at 860 Broadway in the Flatiron District, encompassing a total area of 13,815 square feet. The lease for this property was renewed for a term of 10 years.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: 10 years
- Landlord: Tim Gordon - Gordon Property Group
- Tenant: Annabelle Selldorf - Selldorf Architects
- Brokers: Seth Hecht - JLL; Erik Schmall & Scott Weiss - Savills
This lease renewal allows Selldorf Architects to extend its presence at the property, marking a two-decade association with Gordon Property Group at this location. The brokers involved in facilitating this deal were Seth Hecht from JLL and Erik Schmall and Scott Weiss from Savills.
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