Cushman & Wakefield Represents Landlord In Midtown South Office Lease For $45/ft
142 West 36th Street
$45
$45/SF
Building Size
6,238 SF
Asset Type
Office
Closing
Aug 12, 2026
About this deal
AI
The property asset involved in this lease transaction is an office space located at 142 West 36th Street in the Midtown South market. The asset encompasses a square footage of 6,238 and the asking rent is set at $45 per square foot. This lease is categorized as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $45/ft
- Square Footage: 6,238
- Address: 142 West 36th Street
- Market: Midtown South
- Lease Type: Modified Gross Lease
- Landlord's Representative: William Fressle, Giorgio Versea & William Golden - Cushman & Wakefield
- Tenant's Representative: Christopher Okada & Ken Lerner - Okada & Company
This lease transaction involved several key individuals and companies. The landlord's representatives include William Fressle, Giorgio Versea, and William Golden, who are affiliated with Cushman & Wakefield. The tenant's representatives are Christopher Okada and Ken Lerner, both of whom are with Okada & Company.
On the Map
$45
$45/SF
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Visit Ken Lerner to view all their deals.
Browse New York office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93