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360 Lexington Avenue

Citymeals On Wheels Leases 15,214 Square Feet At 360 Lexington Avenue In Midtown Manhattan
LEASEDOffice

Citymeals On Wheels Leases 15,214 Square Feet At 360 Lexington Avenue In Midtown Manhattan

360 Lexington Avenue

Building Size

15,214 SF

Asset Type

Office

Closing

Oct 10, 2025

AI

The asset involved in this lease transaction is located at 360 Lexington Avenue in Midtown Manhattan. The property is an office space with a total square footage of 15,214. Citymeals on Wheels has signed a lease for this space, relocating from its previous office across the street at 355 Lexington Avenue.

Summary of transaction details:

This transaction highlights the roles of key representatives involved in the deal. Jonathan Bennett from AmTrust RE represents the landlord, while Beth Shapiro represents Citymeals on Wheels as the tenant. The lease arrangement saw multiple representatives from both AmTrust RE and JLL supporting the landlord's interests. Meanwhile, Cushman & Wakefield was involved in representing the tenant throughout the negotiations.

Players

Benjamin Bass

JLL

Broker

$770M

vol

27 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
JLL
JLLBrokerage
Jonathan Bennett

Jonathan Bennett

AmTrust RE

Landlord

$322.9M

vol

10 deals

Landlord

Brooklyn 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