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360 Park Avenue South

Hunter Point Capital Signs 46,000 Square Foot Office Lease In Midtown Manhattan At 360 Park Avenue South
LEASEDOffice

Hunter Point Capital Signs 46,000 Square Foot Office Lease In Midtown Manhattan At 360 Park Avenue South

360 Park Avenue South

Building Size

46,000 SF

Asset Type

Office

Closing

May 29, 2026

AI

The transaction involves a 46,000-square-foot office lease located at 360 Park Avenue South in Midtown Manhattan. This property is part of a larger 450,000-square-foot building within a significant market area.

Summary of transaction details:

Hunter Point Capital signed the lease taking the entire 15th and 16th floors of the building, reflecting a significant commitment to the Midtown Manhattan area in collaboration with BXP, the landlord.

Players

Andrew Levin

Broker

$1.6M

vol

5 deals

Broker

Owen D. Thomas

BXP

Landlord

$2B

vol

20 deals

Landlord

Irvington 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