Intenseye Leases 9,485 Square Feet Office Space At 220 West 19th Street In Chelsea
220 West 19th Street
Building Size
9,485 SF
Asset Type
Office
Closing
Jun 24, 2026
About this deal
AI
The property asset involved in this transaction is located at 220 West 19th Street in the Chelsea neighborhood of Manhattan. It consists of an office space totaling 9,485 square feet, leased entirely by Intenseye, an AI-powered workplace safety platform.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 220 West 19th Street
- Market: Chelsea, Manhattan
- Landlord: Red Circle NY
- Tenant: Intenseye
- Landlord's Rep: Thomas Usher, Michael Gottlieb, Joel Wechsler & Patrick Steffens - Avison Young
- Tenant's Rep: Sebastian Infante & Jamie Katcher - JLL
This transaction reflects two deals that contributed to a total of 13,264 square feet of leasing activity at the building. The representatives for the landlord are affiliated with Avison Young, while the tenant's representatives are from JLL.
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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