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1411 Broadway

Updated Aug 31, 2026

LEASEDOffice

Republic Clothing Signs 15-Year Lease For 81,000 Square Feet At 1411 Broadway In Manhattan

1411 Broadway

Building Size

81,000 SF

Asset Type

Office

Closing

Aug 31, 2026

About this deal

AI

The office asset located at 1411 Broadway in Manhattan encompasses 81,000 square feet and is situated in a prominent market area. The landlord of this property is a partnership between La Caisse and The Swig Company.

Summary of transaction details:

Republic Clothing has converted its sublease at the property into a direct lease for a duration of 15 years, reflecting a trend of tenant expansions at the Midtown office tower. The deal involved multiple representatives from CBRE and Savills, highlighting the collaboration and engagement of various parties in this transaction.

Players

Paul Amrich

CBRE

Broker

41 deals

Broker
Republic Clothing
Republic ClothingBuyer

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

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