Assets
Office · Midtown Manhattan

1290 Avenue of the Americas

1290 Avenue of the Americas, Midtown Manhattan · Built 2007 · 43 floors
Partial
Current value
$1.20B
1.7% 1-yr (modeled)
Cap rate
Free account
Value $/SF
$569
$964.8M$1.03B$1.09B$1.16B$1.23B201920202021202220232024Modeled trajectory — no observed history
sourcedmodeled0 of 6 sourced

Ownership & debt

Ownership chain & debt stack
Owner of record: Vornado Realty Trust.
2 recorded holders · 1 beneficial owner · chain resolves 2 levels, with each holder's interest percentage and class.
1 debt tranche on file — lender, principal, rate and maturity.

Financials

Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.

Tenants & leasing

Tenant roster & leasing
1 tenant of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.

Underwriting

Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.