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171 Madison Avenue

Kombo Technologies Leases 8,400-Square-Foot Office Space At 171 Madison Avenue In Williamsburg
LEASEDOffice

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

Allen Gurevich

GFP Real Estate

Broker

8 deals

Broker
GFP Real Estate
GFP Real EstateLandlord

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