United Atlantic Capital Renews Lease For 10,107 Square Feet At 475 5th Avenue Manhattan
475 5th Avenue
Building Size
10,107 SF
Asset Type
Office
Closing
Apr 21, 2026
AI
The asset involved in the transaction is an office space located at 475 5th Avenue in Manhattan. The space spans 10,107 square feet and is part of RFR Holding’s Midtown tower. United Atlantic Capital has signed a nine-year lease renewal, effectively doubling its footprint within the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 475 5th Avenue
- Market: Manhattan
- Landlord: Aby Rosen & Michael Fuchs - RFR
- Tenant: Mark Penske - United Atlantic Capital
- Brokers: AJ Camhi, Paul Milunec & Rob Weller - RFR
The key individuals in this transaction include Aby Rosen and Michael Fuchs representing the landlord, RFR, and Mark Penske as the tenant from United Atlantic Capital. The deal was brokered by AJ Camhi, Paul Milunec, and Rob Weller, all associated with RFR.
Players
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