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250 West 34th Street

Brett Goldberg Of TickPick Signs Lease At Vornado's One Penn Plaza In Midtown Manhattan
LEASEDOffice

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

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.

Players

Alec Kirschner

Vestian

Broker

$3.6M

vol

5 deals

Broker
Vestian
VestianBrokerage
Steven Roth

Steven Roth

Vornado Realty Trust

Landlord

$4.4B

vol

45 deals

Landlord
Vornado Realty Trust
Vornado Realty TrustLandlord

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