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711 3rd Avenue

Marc Holliday Of SL Green Signs 10-Year Lease With Fidelity National Title Insurance In Midtown East
LEASEDOffice

Marc Holliday Of SL Green Signs 10-Year Lease With Fidelity National Title Insurance In Midtown East

711 3rd Avenue

$19,966

Building Size

Asset Type

Office

Closing

Jul 22, 2026

AI

The property asset involved in this transaction is an office space located at 711 3rd Avenue in Midtown East, Manhattan. The lease covers an area of 19,966 square feet, with a rent amounting to $19,966 per square foot. The duration of the lease is set for a term of 10 years.

Summary of transaction details:

SL Green Realty has entered into a lease agreement with Fidelity National Title Insurance, whereby the latter will occupy part of the building’s seventh floor. The transaction included representation by brokers Joseph Fabrizi and Arkady Smolyansky from CBRE, focusing on securing the lease for the tenant.

Players

Arkady Smolyansky

CBRE

Broker

11 deals

Broker
Marc Holliday

Marc Holliday

SL Green

Landlord

$10.1B

vol

44 deals

Landlord
FI
FIDELITY NATIONAL TITLE INSURANCETenant

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

794.50%

Cash-on-Cash

-227.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93