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625 Madison Avenue

Updated Sep 2, 2026

LEASEDOffice

General Atlantic Leases 150,000 Square Feet At 625 Madison Avenue From Jeff T. Blau

625 Madison Avenue

Building Size

150,000 SF

Asset Type

Office

Closing

Sep 1, 2026

About this deal

AI

The property asset involved in this transaction is an office space located at 625 Madison Avenue in Manhattan. The asset encompasses a total area of 150,000 square feet and is part of a long-term lease agreement.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Long-term lease
  • Address: 625 Madison Avenue
  • Market: Manhattan
  • Landlord: Jeff T. Blau - Related Companies
  • Tenant: General Atlantic

General Atlantic will be relocating its global headquarters to Related Companies’ 625 Madison Avenue in 2029. This lease will involve five floors within the property, accommodating the company's operational needs.

Players

Jeff T. Blau

Broker

$1.8B

vol

21 deals

Broker

Jeff T. Blau

Related Companies

Landlord

$1.8B

vol

21 deals

Landlord

New York Office Market Snapshot

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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

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