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495 Broadway

Entire 6th 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 110/31/2027$89.00$0.00$89.00$89,000$1,068,000$1,068,000
Year 210/31/2028$91.22$0.45$91.67$91,675$1,100,100$2,168,100
Year 310/31/2029$93.51$0.91$94.42$94,419$1,133,030$3,301,130
Year 410/31/2030$95.84$1.39$97.23$97,234$1,166,810$4,467,940
Year 510/31/2031$98.24$1.88$100.12$100,122$1,201,464$5,669,403
Total$5,669,403$5,669,403

Totals

Total rent, 5 years$5,669,403
Present value @ 8%$4,669,233
Average cost per annum$1,133,881
Net effective rate per annum @ 8%$1,128,579
Average cost per SF$94.49
Net effective rate per SF$94.05

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

Lease Analysis — 495 Broadway