David Donahue Leases 13735 Square Feet At 1407 Broadway New York From Shorenstein Properties
1407 Broadway, New York, NY, 10018
Building Size
13,735 SF
Asset Type
Retail
Closing
Oct 30, 2017
About this deal
AI
A lease transaction has been executed for a property located at 1407 Broadway, New York, NY, 10018. The space encompasses 13,735 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1407 Broadway, New York, NY, 10018
- Square Feet: 13,735
- Tenant: David Donahue
- Landlord: Shorenstein Properties
- Broker: Corey Abdo - Lee & Associates
Corey Abdo represented the landlord, Shorenstein Properties, in this lease transaction involving tenant David Donahue. The brokers facilitated the agreement in the real estate market of New York.
On the Map
Retail
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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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93