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
About this deal
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.
On the Map
$95
$95/SF
Office
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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
166978.95%
Cash-on-Cash
-47723.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93