facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Lease

/

825 3rd Avenue

Commonfund Leases 11,816 Square Feet At 825 Third Avenue From Durst Organization
LEASEDOffice

Commonfund Leases 11,816 Square Feet At 825 Third Avenue From Durst Organization

825 3rd Avenue

Building Size

11,816 SF

Asset Type

Office

Closing

Jun 29, 2026

AI

The asset involved in the transaction is an office space located at 825 3rd Avenue in Manhattan. The office encompasses 11,816 square feet, specifically occupying the entire 22nd floor. Commonfund has relocated its New York City office to this location after moving from Park Avenue.

Summary of transation details:

The transaction features key individuals including representatives from The Durst Organization and Cushman & Wakefield, facilitating the deal. The landlord's team consists of Tom Bow, Ashlea Aaron, Bailey Caliban, and Sayo Kamara, while the tenant's representatives are David Rosenbloom and Steve Baker.

Players

David Rosenbloom

Cushman & Wakefield

Broker

2 deals

Broker
Durst Organization
Durst OrganizationLandlord

Caledonia 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93