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:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 63 Madison Avenue
- Market: Manhattan
- Landlord: Peter Duncan - George Comfort & Sons; Matt Bronfman - Jamestown & Loeb Partners Realty
- Tenant: Jay Schottenstein - American Eagle Outfitters
- Brokers: Mitti Liebersohn, Ana Erickson, David Goldstein, William Demuth & Nate Brzozowski - Savills
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
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