Ardoq Inc Leases 7629 Square Feet Office Space At 443 Park Avenue South In Manhattan
443 Park Avenue South
Building Size
7,629 SF
Asset Type
Office
Closing
Jul 8, 2025
AI
The property asset involved is located at 443 Park Avenue South, Manhattan. It is classified as an office space comprising 7,629 square feet, which is a newly leased area on the entire second floor of the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 443 Park Avenue South
- Market: Manhattan
- Landlord: David J. Koeppel - Koeppel Rosen
- Tenant: Ardoq, Inc
- Landlord's Representative: Max Koeppell - Koeppel Rosen
- Tenant's Representatives: Hannah Gerard & Jason L. Pollen - CBRE
Ardoq, Inc. has signed a new lease for the entire second floor, marking a relocation from their previous address at 460 Park Avenue South. This lease transaction involves representation from brokers at Koeppel Rosen for the landlord and from CBRE for the tenant.
Players
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