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11 East 26th Street

Order.co Subleases 12,134 Square Feet Office Space At 11 East 26th Street From Activate Consulting
LEASEDOffice

Order.co Subleases 12,134 Square Feet Office Space At 11 East 26th Street From Activate Consulting

11 East 26th Street

Building Size

Asset Type

Office

Closing

Feb 5, 2026

AI

The property asset involved in the transaction is an office space located at 11 East 26th Street in the NoMad market. The lease facilitated the subleasing of 12,134 square feet by Order.co from Activate Consulting, which had previously expanded its space to a total of 24,144 square feet within the same Rockrose-owned building.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 11 East 26th Street
  • Market: NoMad
  • Landlord: Henry Elghanayan - Rockrose Development
  • Tenant: Order.co
  • Brokers: Sam Stein - Kaufman Organization & William G Cohen - Newmark

Key individuals involved in the transaction include Henry Elghanayan, who represents the landlord, Rockrose Development. Sam Stein from Kaufman Organization and William G Cohen from Newmark represented the brokerage side of the deal.

Players

William G Cohen

Newmark

Broker

3 deals

Broker
Rockrose Development
Rockrose DevelopmentLandlord

New York Office Market Snapshot

Boundary boundary · Office · 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