Hightouch Leases 18,000 Square Feet At 275 7th Avenue In Midtown South
275 7th Avenue
Building Size
18,000 SF
Asset Type
Office
Closing
May 19, 2026
AI
The property asset involved in this transaction is an office space located at 275 7th Avenue, spanning 18,000 square feet within the Midtown South market. The asset is owned by Unite Here, which is an AFL-CIO affiliate.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 275 7th Avenue
- Market: Midtown South
- Square Footage: 18,000
- Landlord: Unite Here
- Tenant: Tejas Manohar - Hightouch
- Landlord's Representative: Unite Here
- Tenant's Representatives: Alice Fair, Sacha Zarba & Claire Pisano - CBRE
This lease agreement marks Hightouch's relocation of its New York base to the 21st floor of the office tower. The transaction was facilitated by the brokerage CBRE representing the tenant, with notable agents Alice Fair, Sacha Zarba, and Claire Pisano involved in the deal.
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