Havas Health Expands Office Lease At 200 Madison Avenue In Midtown Manhattan By 64,657 Square Feet
200 Madison Avenue
Building Size
254,118 SF
Asset Type
Office
Closing
Aug 27, 2026
About this deal
AI
The property is located at 200 Madison Avenue in Midtown Manhattan. This office asset comprises a total of 254,118 square feet, following Havas Health's lease renewal that expands its office footprint by 64,657 square feet. The lease agreement is structured as a 15-year deal, securing occupancy through at least 2041.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 200 Madison Avenue
- Market: Midtown Manhattan
- Landlord: Peter Duncan - George Comfort & Sons
- Tenant: Havas Health
- Brokers: David Falk & Jason Greenstein - Newmark
Key individuals involved in this transaction include Peter Duncan representing the landlord, George Comfort & Sons, and the brokerage team of David Falk and Jason Greenstein from Newmark, who facilitated the lease renewal for Havas Health.
On the Map
Office
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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