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145 West 30th Street

Wave Sports & Entertainment Signs Long-Term Lease For 8,320 SF Office In Midtown Manhattan
LEASEDOffice

Wave Sports & Entertainment Signs Long-Term Lease For 8,320 SF Office In Midtown Manhattan

145 West 30th Street

$48

$48/SF

Building Size

8,320 SF

Asset Type

Office

Closing

Jun 1, 2026

AI

The property asset involved in this transaction is an office space located at 145 West 30th Street in Midtown Manhattan. The office spans 8,320 square feet and is leased at an asking rent of $48 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $398,160
  • Address: 145 West 30th Street
  • Market: Midtown Manhattan
  • Landlord: Jeffrey J. Feil - The Feil Organization
  • Tenant: Wave Sports & Entertainment
  • Landlord's Representative: Andrew Wiener & Kyle Young - The Feil Organization
  • Tenant's Representative: Matthew DeRose - Nomad Group

Wave Sports & Entertainment, a digital media company based in Santa Monica and backed by TZP Group, has signed a long-term lease for the entire 11th floor of the office building.

Players

Kyle Young

JLL

Broker

$38.2M

vol

16 deals

Broker
Matthew DeRose
Verified Badge

Matthew DeRose

Nomad Group

Broker

35 deals

Broker

Jeffrey J. Feil

The Feil Organization

Landlord

$51.5M

vol

6 deals

Landlord

West 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

330479.17%

Cash-on-Cash

-94451.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93