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Manhattan, New York, United...

Tom Brady's TB12 Leases Office Space In Manhattan With Landlord Royal Crispin Corp
LEASEDOffice

Tom Brady's TB12 Leases Office Space In Manhattan With Landlord Royal Crispin Corp

Manhattan, New York, United States

$100

$100/SF

Building Size

3,500 SF

Asset Type

Office

Closing

Nov 22, 2022

AI

TB12, the company owned by football superstar Tom Brady, has leased an office space in Manhattan. The property is located in an undisclosed address in Manhattan and is owned by the Royal Crispin Corporation. The lease transaction was facilitated by Jeff Roseman of Newmark, who represented TB12 in the deal.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not disclosed

TB12's decision to lease an office space in Manhattan highlights their commitment to expanding their business operations. The specific details of the lease, such as the square footage and rental price, have not been disclosed. However, TB12's choice to secure an office in Manhattan indicates their intention to establish a presence in the heart of New York City.

Players

Jeffrey Roseman

Newmark

Broker

11 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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93