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570 Lexington Avenue

Wolf Popper LLP Leases 13,400 Square Feet At 570 Lexington Avenue In Midtown Manhattan
LEASEDOffice

Wolf Popper LLP Leases 13,400 Square Feet At 570 Lexington Avenue In Midtown Manhattan

570 Lexington Avenue

Building Size

13,400 SF

Asset Type

Office

Closing

Jan 29, 2026

AI

The property asset involved in this transaction is an office space located at 570 Lexington Avenue in Midtown Manhattan. The total square footage of the lease is 13,400 square feet, encompassing the entire 19th floor of the building. The asset is situated in a prominent market, making it suitable for business operations.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 570 Lexington Avenue
  • Market: Midtown Manhattan
  • Square Footage: 13,400
  • Landlord: Jeffrey J. Feil - The Feil Organization
  • Tenant: Wolf Popper LLP
  • Brokerage Firm: Savills
  • Brokers: Daniel Horowitz, Ira Schuman, Jeffrey Peck, Jacob Stern, Skyler Celotto

This lease agreement was executed with Wolf Popper LLP as the tenant, who secured the entire 19th floor. The deal was facilitated by Savills, representing the tenant, while the landlord, The Feil Organization, managed the transaction independently.

Players

Ira Schuman

Savills

Broker

$78.7M

vol

9 deals

Broker
The Feil Organization
The Feil OrganizationLandlord

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