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443 Park Avenue South

Updated Aug 25, 2026

LEASEDOffice

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:

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

Thomas Hines

Transwestern

Broker

$1.2M

vol

6 deals

Broker
MNRK Music Group
MNRK Music GroupTenant

Irvington Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $48 per square foot on a published $48 for 7,629 square feet (2026).

Visit Thomas (Tommy) Hines to view all their deals.

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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

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