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520 Madison Avenue

Brown Advisory Signs 15-Year Lease For 34,748 Square Feet At 520 Madison Avenue
LEASEDOffice

Brown Advisory Signs 15-Year Lease For 34,748 Square Feet At 520 Madison Avenue

520 Madison Avenue

Building Size

34,748 SF

Asset Type

Office

Closing

Mar 9, 2026

AI

520 Madison Avenue is an office asset located in Manhattan, featuring a total space of 34,748 square feet. This property is owned by Tishman Speyer, which makes it a significant location for corporate enterprises in the Midtown area.

Summary of transaction details:

Brown Advisory has signed a significant long-term lease for its new headquarters, moving from 12 East 49th Street. The relocation is planned for the fourth quarter of 2026, marking an important transition for the investment firm within Manhattan's competitive office market.

Players

Cynthia Wasserberger

JLL

Broker

15 deals

Broker
Rob Speyer

Rob Speyer

Tishman Speyer

Landlord

$4.2B

vol

38 deals

Landlord
Tishman Speyer
Tishman SpeyerLandlord

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