1385 Broadway
1385 Broadway, New York, NY, 10018
Building Size
27,450 SF
Asset Type
Retail
Closing
Feb 22, 2019
AI
The property involved in the transaction is located at 1385 Broadway, New York, NY, 10018. It encompasses a total area of 27,450 square feet. This property is situated in the New York market and is managed by B. Bros. Broadway Realty LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1385 Broadway, New York, NY, 10018
- Square Feet: 27,450
- Landlord: B. Bros. Broadway Realty LLC
- Landlord's Representative: Karen Gold - Savitt Partners, Brian Neugeboren
The deal notably involved key representatives, with Karen Gold and Brian Neugeboren acting on behalf of the landlord B. Bros. Broadway Realty LLC, facilitating the lease transaction for the property located at 1385 Broadway.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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