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1290 Avenue of the Americas...

Updated Dec 2, 2024

FuboTV Leases 55,042 Sq Ft Office Space At 1290 Avenue Of The Americas, Midtown With Brokers Jared Freede (CBRE) And Jared Horowitz (Newmark)
LEASEDOffice

FuboTV Leases 55,042 Sq Ft Office Space At 1290 Avenue Of The Americas, Midtown With Brokers Jared Freede (CBRE) And Jared Horowitz (Newmark)

1290 Avenue of the Americas, Manhattan, New York, NY, USA

Building Size

55,042 SF

Asset Type

Office

Closing

Feb 28, 2021

About this deal

AI

The leased property is located at 1290 Avenue Of The Americas in Midtown. Spanning over 55,042 square feet, the office space was leased by FuboTV.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1290 Avenue Of The Americas
  • Market: Midtown

The landlord of the property is Vornado. The leasing transaction was facilitated by brokers Jared Freede from CBRE and Jared Horowitz from Newmark.

Traded’s record for 1290 Avenue of the Americas, Manhattan, New York, NY, USA in New York, New York covers a office lease from 2021. Published size for 1290 Avenue of the Americas, Manhattan, New York, NY, USA is 55,042 square feet. Jared Horowitz, Jared Freede, CBRE, Newmark appear on the lease alongside CBRE, Newmark, Vornado Realty Trust. This page is the New York, New York file for the 1290 Avenue of the Americas, Manhattan, New York, NY, USA office leased: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else leased near 1290 Avenue of the Americas, Manhattan, New York, NY, USA around 2021. Cite this FuboTV Leases 55,042 Sq Ft Office Space At 1290 Avenue Of The Americas, Midtown With Brokers Jared Freede (CBRE) And Jared Horowitz (Newmark) lease when underwriting similar office product around New York, New York.

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Players

Jared Freede

CBRE

Broker

14 deals

Broker
Vornado Realty Trust
Vornado Realty TrustBrokerage
Vornado Realty Trust
Vornado Realty TrustLandlord
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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

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