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36 East 20th Street

Titan Leases 4,125 SF Office Space At 36 East 20th Street For $80/ft In Flatiron District
LEASEDOffice

Titan Leases 4,125 SF Office Space At 36 East 20th Street For $80/ft In Flatiron District

36 East 20th Street

$80

$80/SF

Building Size

4,125 SF

Asset Type

Office

Closing

Jul 9, 2026

AI

The property asset involved in this transaction is an office space located at 36 East 20th Street in the Flatiron District. The lease type is a Modified Gross Lease with an asking rent of $80 per square foot for a total of 4,125 square feet.

Summary of transaction details:

This lease transaction involved key representatives including Samuel Friedfeld and Steven Marvin representing the landlord, Olmstead Properties, while the tenant, Titan, was represented by Eric Siegel and Chery Anavian from LSL Advisors. Their involvement highlights the collaborative effort in securing this office lease in a prominent market area.

Players

Eric Siegel

LSL Advisors

Broker

$96M

vol

57 deals

Broker
TG
Titanium Realty GroupTenant

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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93