Empire State Realty Trust Leases 28,914 Square Feet To Octaura Holdings In Midtown Manhattan
111 West 33rd Street
Building Size
28,914 SF
Asset Type
Office
Closing
Nov 3, 2026
About this deal
AI
Octaura Holdings has executed a lease for 28,914 square feet of office space located at 111 West 33rd Street in Manhattan, covering the entire 17th floor of the building. The transaction took place in the Midtown Manhattan market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 111 West 33rd Street
- Square Footage: 28,914
- Market: Manhattan
- Landlord: Anthony E. Malkin - Empire State Realty Trust
- Tenant: Octaura Holdings
- Landlord's Representatives: Shanae Ursini & Kerry Lavelle - Empire State Realty Trust; Scott Klau, Erik Harris & Neil Rubin - Newmark
- Tenant's Representatives: Neil Goldmacher & Cooper Weisman - Newmark
Empire State Realty Trust's Anthony E. Malkin represents the landlord in this lease transaction, while Newmark's Neil Goldmacher and Cooper Weisman act on behalf of the tenant, Octaura Holdings.
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