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1239 Broadway

Suite 1103 · Partial 11th Floor

Assumptions

Base Rent

Operating Expenses

Real Estate Taxes

Operating, tax, and electric figures are illustrative — replaced with the building’s actual amounts when known.

Cash Flow

PeriodYear EndingBase $/SFRE Taxes $/SFTotal $/SFMonthly AvgPer AnnumCumulative
Year 18/30/2027$60.00$0.00$60.00$21,750$261,000$261,000
Year 28/30/2028$61.50$0.45$61.95$22,457$269,483$530,483
Year 38/30/2029$63.04$0.91$63.95$23,182$278,187$808,669
Year 48/30/2030$64.61$1.39$66.00$23,927$287,119$1,095,788
Year 58/30/2031$66.23$1.88$68.11$24,690$296,285$1,392,073
Total$1,392,073$1,392,073

Totals

Total rent, 5 years$1,392,073
Present value @ 8%$1,146,076
Average cost per annum$278,415
Net effective rate per annum @ 8%$277,013
Average cost per SF$64.00
Net effective rate per SF$63.68

Every figure above is a projection from the stated assumptions, offered for comparison between options — not a quote of terms.

Lease Analysis — 1239 Broadway