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1412 Broadway, New York, NY...

StubHub Leases 6400 Square Feet At 1412 Broadway New York With Tenant's Rep Jesse Wolff JLL
LEASEDRetail

StubHub Leases 6400 Square Feet At 1412 Broadway New York With Tenant's Rep Jesse Wolff JLL

1412 Broadway, New York, NY, 10018

Building Size

6,400 SF

Asset Type

Retail

Closing

Jan 5, 2016

AI

The property is located at 1412 Broadway, New York, NY, 10018. It has a total area of 6,400 square feet and is situated within the New York market. The landlord of the property is Charles Aini, while the tenant is StubHub, which recently signed a lease for the space.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 1412 Broadway, New York, NY, 10018
  • Market: New York
  • Tenant's Representative: Jesse Wolff - JLL
  • Tenant: StubHub
  • Landlord: Charles Aini
  • Square Feet: 6400

This transaction highlights key representatives involved, specifically Jesse Wolff from JLL, who acted as the representative for the tenant, StubHub. The commitment by StubHub signals their expansion within New York, aligning their operations with the strategic benefits offered by this location.

Players

Jesse Wolff

JLL

Broker

$40M

vol

8 deals

Broker
CBRE
CBREBrokerage

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