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66 West Broadway

Morgan Friedman Leases Office Space To Marpipe & Zagged At 66 West Broadway For $95/ft
LEASEDOffice

Morgan Friedman Leases Office Space To Marpipe & Zagged At 66 West Broadway For $95/ft

66 West Broadway

$95

$95/SF

Building Size

3,150 SF

Asset Type

Office

Closing

Apr 30, 2026

AI

The property asset involved is located at 66 West Broadway in the Tribeca market. It is an office space with a leased area of 3,150 square feet. The asking rent for this space stands at $95 per square foot. The lease term is set for 5 years under a single net lease agreement.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $95/ft
  • Address: 66 West Broadway
  • Market: Tribeca
  • Landlord: Morgan Friedman
  • Tenant: Marpipe & Zagged
  • Broker: Jade Shenker - Serhant
  • Lease Term: 5 Years
  • Lease Type: Single Net Lease
  • Square Footage: 3,150

Key individuals in this transaction include Jade Shenker, representing the landlord Morgan Friedman. The tenant Marpipe & Zagged is engaging in this lease arrangement facilitated by broker Jade Shenker, who is affiliated with Serhant.

Players

Jade Shenker

Serhant

Broker

$16.1M

vol

4 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

166978.95%

Cash-on-Cash

-47723.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93