Anchorage Capital Advisors Signs 10-Year Lease For 20,560 SF At 125 West 57th Street
125 West 57th Street
Building Size
20,560 SF
Asset Type
Office
Closing
Jul 6, 2026
AI
The property involved in this transaction is an office asset located at 125 West 57th Street in Manhattan, featuring a total square footage of 20,560. This office space is now fully occupied by Anchorage Capital Advisors, which has signed a long-term lease agreement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 125 West 57th Street
- Market: Manhattan
- Square Footage: 20,560
- Landlord: Jonathan Goldstein - Cain International, Kenneth Horn, Brian Ray & Joel BreitKopf - Alchemy-ABR Investment Partners
- Tenant: Anchorage Capital Advisors
- Lease Duration: 10 years
The key individuals involved in this lease transaction include Jonathan Goldstein from Cain International, and Kenneth Horn, Brian Ray, and Joel BreitKopf from Alchemy-ABR Investment Partners, who represent the landlords in this deal. Anchorage Capital Advisors is moving from Lower Manhattan to occupy the entire 18th and 19th floors of the building.
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