Spade Data Leases 6,933 Square Feet At 155 West 23rd Street In Chelsea
155 West 23rd Street
Building Size
6,933 SF
Asset Type
Office
Closing
Apr 24, 2026
AI
The property asset involved in this transaction is an office space located at 155 West 23rd Street in Chelsea, Manhattan. The leased space occupies 6,933 square feet on the fourth floor of the building. This lease marks the first new deal for the property since it was reintroduced to the market in late 2025.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 155 West 23rd Street, Chelsea, Manhattan
- Square Footage: 6,933
- Landlord: MC Real Estate Partners LLC
- Tenant: Spade Data
- Landlord's Rep: Michael Joseph, Clint Dewey & Aidan Campbell - Colliers
- Tenant's Rep: Sebastian Infante, Emilie Goldman & Jamie Katcher - JLL
This transaction involved key representatives from both sides, with Michael Joseph, Clint Dewey, and Aidan Campbell representing the landlord through Colliers, while Sebastian Infante, Emilie Goldman, and Jamie Katcher represented the tenant, Spade Data, through JLL.
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