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36 East 31st Street

Ford Models Leases 11986 SF Office Space At 36 East 31st Street In Midtown South
LEASEDOffice

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

Bradley Cohn

Adams & Company

Broker

7 deals

Broker
Max Koeppell

Max Koeppell

Koeppell Rosen

Landlord

17 deals

Landlord
Koeppell Rosen
Koeppell RosenLandlord
Ford Models
Ford ModelsTenant

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