Gregg L. Schenker Of ABS Partners Real Estate Secures $95M Refinance For 915 Broadway Office
915 Broadway
$95,000,000
$440/SF
Building Size
215,740 SF
Asset Type
Office
Closing
Sep 30, 2026
About this deal
AI
915 Broadway is a 215,740-square-foot office building located in the Flatiron District of Manhattan. The property has undergone a refinancing transaction involving a loan amount of $95 million. The lender for this transaction is John Hancock Life Insurance Company.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $95,000,000
- Address: 915 Broadway
- Market: Flatiron District, Manhattan
- Lender: John Hancock Life Insurance Company
- Landlord: Gregg L. Schenker - ABS Partners Real Estate
- Loan Type: Refinance
Gregg L. Schenker represents the landlord in this refinancing transaction through ABS Partners Real Estate, which has facilitated the refinance of the asset in question.
On the Map
$95,000,000
$440/SF
Office
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Players
Broadway Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93