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370 7th Avenue

HDR Signs 74,500 Square Foot Office Lease In Midtown Manhattan With Landlord Jeffrey J. Feil
LEASEDOffice

HDR Signs 74,500 Square Foot Office Lease In Midtown Manhattan With Landlord Jeffrey J. Feil

370 7th Avenue

Building Size

74,500 SF

Asset Type

Office

Closing

Jul 21, 2026

AI

The property involved in this transaction is an office space located at 370 7th Avenue in Midtown Manhattan. It consists of 74,500 square feet, situated in a prime, transit-oriented office corridor.

Summary of transaction details:

HDR has signed a lease for the office space, marking an expansion in their footprint within the area. The deal involved key representatives from The Feil Organization, notably Andrew Wiener and Kyle Young, who facilitated the transaction.

Players

Kyle Young

JLL

Broker

$38.2M

vol

16 deals

Broker

Jeffrey J. Feil

The Feil Organization

Landlord

$51.5M

vol

7 deals

Landlord
H
HDRTenant

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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