The Eretz Group Leases Office Space To Dedagroup North America Inc. At 295 Madison Avenue
295 Madison Avenue
$67
$67/SF
Building Size
1,600 SF
Asset Type
Office
Closing
Mar 16, 2026
About this deal
AI
The asset involved in this transaction is an office space located at 295 Madison Avenue in the Manhattan market, encompassing a total of 1,600 square feet with an asking rent of $67 per square foot. The lease term spans 3 years, categorized as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $67/ft
- Lease Term: 3 years
- Landlord: The Eretz Group
- Tenant: Dedagroup North America Inc.
- Landlord's Representative: Steven Evans, Emre Bozkurt & Joseph Zalta - Platinum Commercial
- Tenant's Representative: William J. McCollum - Prime Manhattan Realty
The transaction included representatives from both sides, with the landlord represented by Steven Evans, Emre Bozkurt, and Joseph Zalta from Platinum Commercial, while the tenant was represented by William J. McCollum of Prime Manhattan Realty.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Visit Emre Bozkurt to view all their deals.
Browse New York office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
236761.19%
Cash-on-Cash
-67667.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93