LEASED
Maybern Expands NoHo Office Lease To 30,000 Square Feet At 10 Astor Place For Over 10 Years
10 Astor Place
Building Size
30,000 SF
Asset Type
—
Closing
Aug 6, 2026
AI
The asset involved in this transaction is an office space located at 10 Astor Place in the NoHo market. This property spans 30,000 square feet and has recently undergone a lease transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 10 Astor Place
- Market: NoHo
- Landlord: Jeffrey Gural - GFP Real Estate
- Tenant: Maybern
- Landlord's Representatives: Neith Stone - GFP Real Estate, Robert Silver, Anthony Sciacca & Brittany Silver - Newmark
- Tenant's Representatives: Jonathan Franzel & Leo Koné - Newmark
Maybern has expanded its office footprint in NoHo with this new lease, nearly tripling its previous space and committing to more than 10 years at this location.
Players
MaybernBuyer
New York 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