Mixed-use · New York
Olympic Tower (645 Fifth Avenue)
—, New York
Verified
sourcedmodeled1 of 7 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Oxford Properties Group (majority) and Crown Acquisitions (Chera family).
3 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
2 debt tranches 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
2 tenants 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.
Provenance footnotes
- Current value: Single source — The Real Deal · https://therealdeal.com/new-york/2015/05/27/crown-and-oxford-pay-652m-for-rest-of-olympic-tower-base/ · observed 2012
- Ownership — Oxford Properties Group (majority) and Crown Acquisitions (Chera family): Single source — en.wikipedia.org · https://en.wikipedia.org/wiki/Olympic_Tower
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.