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401 Broadway

Partial 10th 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$26,500$318,000$318,000
Year 28/30/2028$61.50$0.45$61.95$27,361$328,335$646,335
Year 38/30/2029$63.04$0.91$63.95$28,245$338,940$985,275
Year 48/30/2030$64.61$1.39$66.00$29,152$349,823$1,335,098
Year 58/30/2031$66.23$1.88$68.11$30,083$360,990$1,696,089
Total$1,696,089$1,696,089

Totals

Total rent, 5 years$1,696,089
Present value @ 8%$1,396,369
Average cost per annum$339,218
Net effective rate per annum @ 8%$337,510
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 — 401 Broadway