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63 Madison Avenue

American Eagle Outfitters Expands NoMad Headquarters Lease At 63 Madison Avenue To 392185 SF
Office

American Eagle Outfitters Expands NoMad Headquarters Lease At 63 Madison Avenue To 392185 SF

63 Madison Avenue

Building Size

392,185 SF

Asset Type

Office

Closing

Aug 25, 2025

AI

The property asset involved in the transaction is an office space located at 63 Madison Avenue in the Manhattan market. The total square footage of the office is 392,185 square feet, as American Eagle Outfitters expands its NoMad headquarters by 54,100 square feet.

Summary of transaction details:

This transaction includes key individuals such as Peter Duncan and Matt Bronfman representing the landlords, while Jay Schottenstein represents the tenant, American Eagle Outfitters. The brokers involved in facilitating this deal are from Savills.

Players

Nate Brzozowski

Savills

Broker

$5.5M

vol

3 deals

Broker
Matt Bronfman

Matt Bronfman

Jamestown

Landlord

$495.5M

vol

12 deals

Landlord
Jamestown
JamestownLandlord
Jay L. Schottenstein

Jay L. Schottenstein

American Eagle Outfitters

Tenant

$5M

vol

3 deals

Tenant
AO
American Eagle OutfittersTenant

New York Office Market Snapshot

Boundary boundary · Office · All transaction types transactions

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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