facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

11 Park Place

Kira Learning Leases 16100 Sq. Ft. Office Space At 11 Park Place From Stahl Organization
LEASEDOffice

Kira Learning Leases 16100 Sq. Ft. Office Space At 11 Park Place From Stahl Organization

11 Park Place

Building Size

Asset Type

Office

Closing

Jan 28, 2026

AI

The property asset involved in the transaction is located at 11 Park Place in Manhattan, specifically accommodating office space. The total square footage leased is 16,100 sq. ft., which includes the 19th and 20th floors, designated as the New York City headquarters for Kira Learning.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 11 Park Place
  • Market: Manhattan
  • Landlord: Stahl Organization
  • Tenant: Andrea Pasinetti - Kira Learning
  • Broker: Robert Getreu & Michael Berger - Colliers

The lease for the property was signed by Kira Learning, which is represented by Andrea Pasinetti. The transaction was brokered by Colliers, with Robert Getreu and Michael Berger representing the landlord, Stahl Organization, in this deal.

Players

Michael Berger

Colliers

Broker

6 deals

Broker
SO
Stahl OrganizationLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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