Graham Windham Signs Five-Year Lease For 9,833-Square-Foot Office At 475 Riverside Drive
475 Riverside Drive
$29
$29/SF
Building Size
9,833 SF
Asset Type
Office
Closing
Jul 14, 2026
AI
The property asset involved in this transaction is an office space located at 475 Riverside Drive in the Morningside Heights market. The asset is approximately 9,833 square feet and has an asking rent of $29 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 475 Riverside Drive
- Market: Morningside Heights
- Tenant: Graham Windham
- Lease Duration: Five years
- Previous Headquarters Location: 423 West 127th Street
- Brokers: Stephen Powers, Alexander Smith & Isabella Marcellino - OPEN Impact Real Estate
This transaction sees Graham Windham, a nonprofit organization focused on serving children and families, relocating its headquarters to the Interchurch Center at the specified address. The deal was facilitated by brokers Stephen Powers, Alexander Smith, and Isabella Marcellino, representing the interests of 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
547000.00%
Cash-on-Cash
-156334.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93