Christian Louboutin Leases 45,000 SF Office Space At 1165 Broadway In New York City
1165 Broadway
$75
$75/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Feb 1, 2023
AI
The office space located at 1165 Broadway in New York City has been leased to Christian Louboutin. The property is owned by the Haddad Family and the lease transaction was facilitated by CBRE, with Paul Amrich, Neil King, and Alexander Golod representing the landlord. Jeffrey Paisner from Paisner acted as the tenant's representative.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 1165 Broadway
- Market: New York City
- Landlord: Haddad Family
- Tenant: Christian Louboutin
- Landlord's Representative: Paul Amrich, Neil King & Alexander Golod - CBRE
- Tenant's Representative: Jeffrey Paisner - Paisner
- Asking Rent: $75/ft
- Square Footage: 45,000
Christian Louboutin has secured the lease for the office space at 1165 Broadway, with the transaction being overseen by CBRE and Paisner. The deal included the availability of the 5th floor and penthouse space. For inquiries or further information, interested parties were instructed to email [email protected].
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93