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838 Broadway

Updated Jul 28, 2026

LEASEDOffice

Genius AI Expands Headquarters At 838 Broadway In Manhattan To 27,373 Square Feet

838 Broadway

Building Size

27,373 SF

Asset Type

Office

Closing

Jul 27, 2026

About this deal

AI

The property asset involved in the transaction is an office located at 838 Broadway, Manhattan. The total square footage of the property is 27,373, following an expansion by the tenant. This expansion added 13,754 square feet to the existing space occupied by Genius AI, formerly known as GlossGenius, across the second and third floors of the building.

Summary of transaction details:

This lease transaction notably highlights the roles of the representatives involved. The landlord's representatives are Mitchell Konsker, Benjamin Bass, Thomas Swartz, and Gregory Wang from JLL, while the tenant's representatives include Joseph Sipala, Stefanie Rock, Finley Burger, and Hannah Bernstein, also from JLL.

On the Map

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Office

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Players

Benjamin Bass

JLL

Broker

$770M

vol

30 deals

Broker
Joseph Sipala
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Joseph Sipala

JLL

Broker

12 deals

Broker
GA
Genius AIBuyer
Bobby Zar

Bobby Zar

ZGCapitalPartners

Landlord

$293M

vol

9 deals

Landlord
Bilt advertisement

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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

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