Aegon Leases 20,600 Square Feet At 125 West 57th Street Manhattan For New Headquarters
125 West 57th Street
Building Size
20,600 SF
Asset Type
Office
Closing
Aug 31, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 125 West 57th Street in Manhattan's Plaza District. This office space encompasses a total square footage of 20,600 and is positioned within a recently completed, 30-story office tower.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 125 West 57th Street
- Market: Manhattan
- Size: 20,600 square feet
- Landlord: Brian Ray - Alchemy-ABR Investment Partners & Jonathan Goldstein - Cain International
- Tenant: Aegon
- Landlord's Representatives: Mitchell Konsker, Kristen Morgan, Christine Colley, Kate Roush & Daniel Turkewitz - JLL
- Tenant's Representatives: Barry Zeller & David Downey - Cushman & Wakefield
Aegon has signed a lease for its new U.S. headquarters, occupying two floors within this office space. The transaction involves key stakeholders, including Brian Ray and Jonathan Goldstein representing the landlords, alongside their respective representatives from JLL. On the tenant's side, Aegon's interests were represented by Barry Zeller and David Downey from Cushman & Wakefield.
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