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535 545 5th Avenue

Deutsche Bank Provides $310M Refinance Loan For Office Retail Property At 535-545 5th Avenue
FINANCEDOffice

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

Drew Anderman

CBRE

Broker

$5.2B

vol

39 deals

Broker
Deutsche Bank
Deutsche BankLender
The Moinian Group
The Moinian GroupLandlord

New York Office Market Snapshot

Boundary boundary · Office · Loan transactions

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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