Todd L. Boehly's Eldridge Industries Leases 20,000 Square Feet At 125 West 57th Street
125 West 57th Street
Building Size
—
Asset Type
Office
Closing
Apr 16, 2026
AI
The property asset involved in this transaction is located at 125 West 57th Street, Manhattan, and comprises approximately 20,000 square feet of office space. This leasing demonstrates ongoing interest in premium office space in the area despite market uncertainties.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 125 West 57th Street
- Market: Manhattan
- Landlord: Jonathan Goldstein - Cain
- Tenant: Todd L. Boehly - Eldridge Industries
The deal highlights significant players in the transaction, with Jonathan Goldstein representing the landlord and Todd L. Boehly representing Eldridge Industries as the tenant in this leasing agreement.
Players
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