Ford Models Leases 11986 SF Office Space At 36 East 31st Street In Midtown South
36 East 31st Street
Building Size
11,986 SF
Asset Type
Office
Closing
Mar 17, 2026
AI
The property involved in this transaction is an office space located at 36 East 31st Street in Midtown South, Manhattan, comprising a total square footage of 11,986. The asset is part of the Midtown South market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 36 East 31st Street
- Market: Midtown South, Manhattan
- Square Footage: 11,986 SF
- Landlord: Max Koeppell - Koeppell Rosen
- Tenant: Ford Models
- Brokers: Bradley Cohn & Alan Bonett - Adams & Company
- Lease Term: Five years and five months
- Temporary Relocation: 135 Madison Ave. during build-out
This lease transaction involves key individuals such as Max Koeppell, representing the landlord, and Ford Models, the tenant. The brokers facilitating the deal are Bradley Cohn and Alan Bonett from Adams & Company.
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