LEASEDOffice
Prosperity Partners Leases 24,400 Square Feet Office At 575 Madison Avenue For 10 Years
575 Madison Avenue
Building Size
24,400 SF
Asset Type
Office
Closing
May 18, 2026
About this deal
AI
No summary available.
On the Map
Office
View full map
Players
SP
Steinberg & PokikBuyer
Madison Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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