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41 Madison Avenue

BrightTower Leases 13,857 Square Feet Office Space At 41 Madison Avenue Flatiron District
LEASEDOffice

BrightTower Leases 13,857 Square Feet Office Space At 41 Madison Avenue Flatiron District

41 Madison Avenue

Building Size

13,857 SF

Asset Type

Office

Closing

Mar 9, 2026

AI

The asset involved in this transaction is an office space located at 41 Madison Avenue in Manhattan’s Flatiron District, covering an area of 13,857 square feet on the entire 32nd floor.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 41 Madison Avenue
  • Market: Flatiron District
  • Landlord: Rudin Management Company
  • Tenant: BrightTower
  • Landlord's Representative: Robert Steinman - Rudin Management Company
  • Tenant's Representatives: Neil King & Alexander Golod - CBRE

BrightTower, an investment bank, has relocated its headquarters from 110 East 25th Street to this new office space at 41 Madison Avenue. The lease was officially signed on 03/09/2026.

Players

Neil King

CBRE

Broker

29 deals

Broker
Rudin Management Company
Rudin Management CompanyLandlord
BrightTower
BrightTowerTenant

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