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475 5th Avenue

RFR Leases Office Space At 475 5th Avenue To Jellycat With Tenant's Representatives From LSL Advisors
LEASEDOffice

RFR Leases Office Space At 475 5th Avenue To Jellycat With Tenant's Representatives From LSL Advisors

475 5th Avenue

$95

$95/SF

Building Size

4,319 SF

Asset Type

Office

Closing

Feb 26, 2026

AI

The property asset involved in this transaction is an office lease located at 475 5th Avenue in the Manhattan market. The asset encompasses a total square footage of 4,319, with an asking rent of $95 per square foot under a Modified Gross Lease structure.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $95/ft
  • Square Footage: 4,319
  • Address: 475 5th Avenue
  • Market: Manhattan
  • Landlord: RFR
  • Tenant: Jellycat
  • Landlord's Rep: Rob Weller & Paul Milunec
  • Tenant's Rep: Eric Siegel, Raphael (Ralph) Zar & Daniel Lolai - LSL Advisors
  • Lease Type: Modified Gross Lease

The key individuals involved in the deal include Rob Weller and Paul Milunec representing the landlord, RFR, while the tenant, Jellycat, is represented by a team from LSL Advisors, comprised of Eric Siegel, Raphael (Ralph) Zar, and Daniel Lolai.

Players

Daniel Lolai

LSL Advisors

Broker

$211.9M

vol

91 deals

Broker
RFR
RFRLandlord

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

166978.95%

Cash-on-Cash

-47723.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93