Brett Goldberg Of TickPick Signs Lease At Vornado's One Penn Plaza In Midtown Manhattan
250 West 34th Street
Building Size
17,000 SF
Asset Type
Office
Closing
Jun 23, 2025
About this deal
AI
The property involved in this transaction is an office asset located at 250 West 34th Street in Midtown Manhattan. The leased area spans 17,000 square feet, reflecting the growing demand for office space in a prime business district.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Address: 250 West 34th Street
- Landlord: Steven Roth - Vornado Realty Trust
- Tenant: Brett Goldberg - TickPick
- Broker: Alec Kirschner - Vestian
- Date: 06/23/2025
- Market: Midtown Manhattan
This lease agreement marks a significant step for TickPick as it aims to double its footprint in New York City, reflecting the company's commitment to expanding its workspace in alignment with its growth strategy. The deal was brokered by Alec Kirschner, representing the tenant in this transaction.
On the Map
Office
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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