Deutsche Bank Provides $310M Refinance Loan For Office Retail Property At 535-545 5th Avenue
535 545 5th Avenue
$310,000,000
$607/SF
Building Size
510,000 SF
Asset Type
Office
Closing
Jan 8, 2026
AI
The asset involved in this transaction is an office/retail property located at 535-545 5th Avenue in Manhattan. This asset spans a total square footage of 510,000 and is associated with a refinancing loan amount of $310,000,000.
Summary of transaction details:
- Property Type: Office/Retail
- Transaction Amount: $310,000,000
- Address: 535-545 5th Avenue
- Market: Manhattan
- Lender: Deutsche Bank
- Landlord: The Moinian Group
- Brokers: Drew Anderman, Eddie Haber, Jared Fried & AJ Bruno - CBRE
- Loan Type: Refinance
The brokerage team representing the deal consists of Drew Anderman, Eddie Haber, Jared Fried, and AJ Bruno from CBRE, facilitating the transaction between Deutsche Bank and The Moinian Group. Their involvement plays a significant role in managing the refinancing process for the property.
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93