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285 Madison Ave, New York, ...

Updated May 12, 2025

Ziff Capital Partners Leases 18000 Square Feet At 285 Madison Ave New York With Herbert Chou As Tenant's Representative
LEASEDOffice

Ziff Capital Partners Leases 18000 Square Feet At 285 Madison Ave New York With Herbert Chou As Tenant's Representative

285 Madison Ave, New York, NY, 10017

Building Size

18,000 SF

Asset Type

Office

Closing

Jul 7, 2015

About this deal

AI

285 Madison Ave, New York, NY, 10017 is the location of an 18,000 square foot lease agreement involving Ziff Capital Partners. The market for this property is New York.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Square Feet: 18,000
  • Tenant: Ziff Capital Partners
  • Landlord: RFR Holding
  • Tenant's Representative: Herbert Chou, Warburg Realty
  • Landlord's Representatives: Alexander Chudnoff, Mitchell Konsker, Dan Turkewitz, JLL; A.J. Camhi, RFR

The lease transaction was brokered by Herbert Chou from Warburg Realty, representing Ziff Capital Partners. The landlord, RFR Holding, had multiple representatives involved in the transaction, showcasing a collaborative approach from the landlord's side.

Players

Herbert Chou

Coldwell Banker

Broker

1 deal

Broker
RFR
RFRLandlord

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

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