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475 5th Avenue

United Atlantic Capital Renews Lease For 10,107 Square Feet At 475 5th Avenue Manhattan
LEASEDOffice

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

AJ Camhi

RFR

Broker

14 deals

Broker
RFR
RFRLandlord

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