Kombo Technologies Leases 8,400-Square-Foot Office Space At 171 Madison Avenue In Williamsburg
171 Madison Avenue
Building Size
8,400 SF
Asset Type
Office
Closing
Apr 22, 2026
AI
The property asset involved in this transaction is an office space located at 171 Madison Avenue, situated in the Williamsburg market. The leased space encompasses 8,400 square feet, specifically occupying the entire eighth floor of the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 171 Madison Avenue
- Market: Williamsburg
- Landlord: Eric M. Gural & Brian Steinwurtzel
- Landlord's Representative: Allen Gurevich - GFP Real Estate
- Tenant: Kombo Technologies
- Tenant's Representative: Michael Thomas - Colliers
Key individuals involved in this lease transaction include the landlord representatives Eric M. Gural and Brian Steinwurtzel from GFP Real Estate. The tenant Kombo Technologies was represented by Michael Thomas from Colliers, marking a strategic relocation and expansion for the company from its previous location in Williamsburg.
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