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Updated May 28, 2026

Centerbridge Partners Leases 75,826 SF At 345 Park Avenue With Landlord Rudin Management Company
LEASED

Centerbridge Partners Leases 75,826 SF At 345 Park Avenue With Landlord Rudin Management Company

345 Park Avenue

Building Size

—

Asset Type

—

Closing

May 26, 2026

About this deal

AI

No summary available.

On the Map

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Players

Neil Goldmacher

Newmark

Broker

16 deals

Broker
Michael Rudin

Michael Rudin

Rudin Management Company

Landlord

$5.7B

vol

31 deals

Landlord
Centerbridge Partners
Centerbridge PartnersTenant
Bilt advertisement

Market CRE Market Snapshot

Boundary boundary · CRE · 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

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