facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

575 Madison Avenue

Makeup By Mario Signs Long-term Lease For 15,930 SF Office Space At 575 Madison Avenue
LEASEDOffice

Makeup By Mario Signs Long-term Lease For 15,930 SF Office Space At 575 Madison Avenue

575 Madison Avenue

$85

$85/SF

Building Size

15,930 SF

Asset Type

Office

Closing

Dec 17, 2025

AI

The property involved in this lease transaction is located at 575 Madison Avenue in Manhattan. It is an office asset with a total square footage of 15,930 SF. The asking rent for the space was set at $85 per square foot.

Summary of transation details:

The tenant, Mario Dedivanovic, signed a long-term lease to establish the global headquarters for Makeup by Mario, moving from 135 East 57th Street. The broker representatives involved in this deal were part of CBRE, helping to facilitate the lease agreement.

Players

David Hollander

CBRE

Broker

12 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

186623.53%

Cash-on-Cash

-53337.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93