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315 Park Avenue South

Alex Sherman Of Bluefish Signs 7.5-Year Lease For 17,050 SF At 315 Park Avenue South
LEASEDOffice

Alex Sherman Of Bluefish Signs 7.5-Year Lease For 17,050 SF At 315 Park Avenue South

315 Park Avenue South

Building Size

17,050 SF

Asset Type

Office

Closing

Feb 9, 2026

AI

The asset involved in this transaction is an office space located at 315 Park Avenue South in Manhattan. This property encompasses 17,050 square feet and has been leased for a period of 7.5 years at a rental rate of around $95 per square foot.

Summary of transaction details:

This transaction marks Bluefish's first headquarters in Manhattan, as they signed a lease for the entire eighth floor of the property, further establishing their presence in the market. The involvement of multiple representatives from both the landlord and tenant sides highlights the collaborative nature of this lease agreement.

Players

Ted Koltis

Broker

5 deals

Broker
David Falk
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David Falk

Newmark

Broker

61 deals

Broker
Columbia Property Trust
Columbia Property 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