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552 Seventh Avenue

Golden Egg Media Leases Office Space At 552 Seventh Avenue In Midtown Manhattan For $45/ft
LEASEDOffice

Golden Egg Media Leases Office Space At 552 Seventh Avenue In Midtown Manhattan For $45/ft

552 Seventh Avenue

$45

$45/SF

Building Size

5,750 SF

Asset Type

Office

Closing

Dec 28, 2025

AI

The asset involved in this transaction is located at 552 Seventh Avenue in Midtown Manhattan. The property is classified as an office space with a lease term of 3 years under a modified gross lease structure. The asking rent for this property is set at $45 per square foot, covering a total area of 5,750 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $45/ft
  • Lease Term: 3 Years
  • Lease Type: Modified Gross Lease
  • Address: 552 Seventh Avenue
  • Market: Midtown Manhattan
  • Landlord: Alberto Makali
  • Tenant: Golden Egg Media
  • Tenant's Representative: Matthew Fernandez - OpenKey™

Matthew Fernandez, representing Golden Egg Media, noted that this deal took six months to close, requiring thorough analysis and active involvement from the OpenKey™ team. The firm is dedicated to complex negotiations and ensuring high-stakes outcomes for its clients, emphasizing the importance of quality representation in transactions.

Players

Matthew Fernandez
Verified Badge

Matthew Fernandez

OpenKey™

Broker

$22.3M

vol

12 deals

Broker
Golden Egg Media
Golden Egg MediaTenant

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

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93