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19 West 34th Street

PatientPoint Leases 19093 Square Feet At 19 West 34th Street In Manhattan
LEASEDOffice

PatientPoint Leases 19093 Square Feet At 19 West 34th Street In Manhattan

19 West 34th Street

Building Size

19,093 SF

Asset Type

Office

Closing

Feb 3, 2025

AI

The property is located at 19 West 34th Street in Manhattan, consisting of office space totaling 19,093 square feet. PatientPoint has secured a lease for the entire 12th floor, moving from its previous location at 60 East 42nd Street. The asset is under the management of PRD Realty.

Summary of transaction details:

PatientPoint is a digital health firm that connects patients with doctors and life sciences companies. The negotiation for the lease was handled by CBRE’s James Gale and Nick Greiwe on behalf of PatientPoint.

Players

William Grover

Newmark

Broker

$15.6M

vol

11 deals

Broker

Ashtabula Office Market Snapshot

Boundary boundary · Office · Lease 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