MNRK Music Group Leases 7,629 Square Feet At 443 Park Avenue South In Murray Hill
443 Park Avenue South
$48
$48/SF
Building Size
7,629 SF
Asset Type
Office
Closing
Aug 19, 2026
About this deal
AI
The property asset involved in this transaction is located at 443 Park Avenue South in the Murray Hill market of Manhattan. The landlord is the Rosen Family, and the tenant, MNRK Music Group, has leased a total of 7,629 square feet. The asking rent for this office space is $48 per square foot, and the lease agreement is structured for a duration of seven years and seven months.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $48/ft.
- Address: 443 Park Avenue South
- Market: Murray Hill
- Landlord: Rosen Family
- Tenant: MNRK Music Group
- Brokers: Max Koeppell - Koeppell Rosen; Luke Dillmeier, Patrick Heeg & Thomas Hines - Transwestern
- Square Footage: 7,629
This deal features several key individuals and companies contributing to its completion. The brokers representing the landlord include Max Koeppell from Koeppell Rosen, along with Luke Dillmeier, Patrick Heeg, and Thomas Hines from Transwestern, who collectively facilitated the leasing agreement for MNRK Music Group on the entire ninth floor of the building.
Players
Irvington Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Visit Thomas (Tommy) Hines to view all their deals.
Browse Irvington office leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
330479.17%
Cash-on-Cash
-94451.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93