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902 Broadway

LEASEDOffice

Manifest Law Secures 18,200 Square Foot Sublease At 902 Broadway From David Koeppel

902 Broadway

$75

$75/SF

Building Size

18,200 SF

Asset Type

Office

Closing

Aug 6, 2026

AI

The transaction involves an office asset located at 902 Broadway in Manhattan. The asking rent for this property is $75 per square foot, with a total space of 18,200 square feet available for lease.

Summary of transaction details:

Manifest Law is relocating its headquarters from nearby 333 Park Avenue South and has signed an 18,200-square-foot sublease at the property, taking over Adaptive Security’s former eighth-floor space.

Players

Matthew DeRose
Verified Badge

Matthew DeRose

Nomad Group

Broker

36 deals

Broker

William Janetschek

Nomad Group

Broker

$3.8M

vol

32 deals

Broker
Manifest Law
Manifest LawBuyer
David Koeppel

David Koeppel

Koeppell Rosen

Landlord

$10M

vol

5 deals

Landlord

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93