Assets
Office · Flatiron / NoMad / Madison Square

One Madison Avenue

1 Madison Avenue, Flatiron / NoMad / Madison Square · Built 2007 · 27 floors
Partial
Current value
$2.00B
4.2% 1-yr (modeled)
Cap rate
Free account
Value $/SF
$1,429
$1.61B$1.72B$1.82B$1.93B$2.04B201920202021202220232024Modeled trajectory — no observed history
sourcedmodeled0 of 6 sourced

Ownership & debt

Ownership chain & debt stack
Owner of record: SL Green Realty Corp..
3 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
22 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.