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520 5th Avenue

Updated Jul 29, 2025

JAB Holding Co Leases 11600 Square Feet Office Space From Josh Rabina In Manhattan
LEASEDOffice

JAB Holding Co Leases 11600 Square Feet Office Space From Josh Rabina In Manhattan

520 5th Avenue

Building Size

—

Asset Type

Office

Closing

Jul 24, 2025

About this deal

AI

The asset involved in this transaction is an office located at 520 5th Avenue in Manhattan. The office space spans 11,600 square feet on the 11th floor of the building, which is a newly constructed 1,002-foot tower.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 520 5th Avenue
  • Market: Manhattan
  • Landlord: Josh Rabina - Rabina
  • Tenant: JAB Holding Co

JAB Holding Co. has signed its first major office lease in New York City, marking a significant step for the company in establishing its presence in the market.

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Players

Josh Rabina

Rabina Properties

Landlord

$244.8M

vol

8 deals

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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

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