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373 Park Avenue South

Amigo Leases Office Space At 373 Park Avenue South For $65 Per Sq Ft In Manhattan
LEASEDOffice

Amigo Leases Office Space At 373 Park Avenue South For $65 Per Sq Ft In Manhattan

373 Park Avenue South

$65

$65/SF

Building Size

9,043 SF

Asset Type

Office

Closing

Jun 2, 2026

AI

The asset involved in this transaction is an office space located at 373 Park Avenue South in Manhattan. The space encompasses 9,043 square feet and operates under a Modified Gross Lease with an asking rent of $65 per square foot.

Summary of transaction details:

The ABS team, comprising Zoe Snow, Daria Ghasemi, and Ben Waller, facilitated the relocation for Amigo after the tenant outgrew their previous office on 24th street within just eight months. Their expertise in tenant representation was pivotal in securing the new office space.

Players

Ben Waller

ABS Partners Real Estate

Broker

13 deals

Broker
Olmstead Properties
Olmstead PropertiesLandlord

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93