Charlie Health Signs 28,424 Square Foot Lease At 2 Park Avenue In Midtown Manhattan
2 Park Avenue
Building Size
28,424 SF
Asset Type
Office
Closing
Sep 8, 2026
About this deal
AI
The asset involved in this transaction is an office space located at 2 Park Avenue in Midtown Manhattan, consisting of 28,424 square feet. This property is situated in a prime market known for its commercial viability.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 2 Park Avenue
- Market: Midtown Manhattan
- Tenant: Charlie Health
- Broker Representatives: Mitchell Konsker, Cynthia Wasserberger, Kristen Morgan & Michael Pallas - JLL; Franco Rauseo - Haddad Brands
Charlie Health has secured a lease for the entire 21st floor of the property. The deal involved notable broker representatives including Mitchell Konsker, Cynthia Wasserberger, Kristen Morgan, and Michael Pallas from JLL, along with Franco Rauseo representing Haddad Brands.
On the Map
Office
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Players
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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