AdaptHealth Signs Five-Year Lease For Office Space At 125 West 57th Street In Manhattan
125 West 57th Street
Building Size
10,257 SF
Asset Type
Office
Closing
Jul 21, 2025
AI
125 West 57th Street is a Class A office tower located on Manhattan’s Billionaire’s Row, featuring a total square footage of 10,257. The property is owned by Alchemy-ABR Investment Partners and Cain International.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 125 West 57th Street
- Market: Manhattan
- Landlord: Alchemy-ABR Investment Partners & Cain International
- Tenant: AdaptHealth
- Landlord's Representatives: Mitchell Konsker, Christine Colley, Kristen Morgan, Kate Roush & Daniel Turkewitz - JLL
- Tenant's Representative: Ramsey Feher - CBRE
AdaptHealth secured a five-year lease for the designated space at 125 West 57th Street, facilitated by the involvement of the representatives from both the landlord and the tenant in the transaction process.
Players
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