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1133 Broadway, New York Cit...

Tri-State Commercial Leases Office Space At 1133 Broadway In NoMad
LEASEDOffice

Tri-State Commercial Leases Office Space At 1133 Broadway In NoMad

1133 Broadway, New York City, New York 10010, United States

$68

$68/SF

Building Size

2,813 SF

Asset Type

Office

Closing

Sep 18, 2022

AI

The office space located at 1133 Broadway in the NoMad market has been leased. The lease was agreed upon on 09/19/2022.

Summary of transaction details

  • Property Type: Office
  • Asking Rent: $68/ft.
  • Square Footage: 2,813
  • Address: 1133 Broadway
  • Market: NoMad

The landlord for this lease is Kew Management, while the tenant is Tri-State Commercial. The lease was brokered by Chris Okada, Matthew Fernandez, and Thomas Capuano from Okada & Company.

Players

Christopher Okada

Okada & Company

Broker

$352.8M

vol

86 deals

Broker
Matthew Fernandez
Verified Badge

Matthew Fernandez

OpenKey™

Broker

$22.3M

vol

12 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

233279.41%

Cash-on-Cash

-66671.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93