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
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