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
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.
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