Office · New York
Park Avenue Plaza (55 East 52nd Street)
—, New York
Verified
sourcedmodeled1 of 7 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Fisher Brothers.
2 recorded holders · 2 beneficial owners · 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.
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 — StockTitan (Vornado Realty Trust news release) · https://www.stocktitan.net/news/VNO/vornado-realty-trust-completes-acquisition-of-49-interest-in-park-9mvy1yw4g6i0.html · observed 2026
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Fisher Brothers: Single source — globenewswire.com · https://www.globenewswire.com/news-release/2026/06/11/3310824/0/en/Vornado-Realty-Trust-Completes-Acquisition-of-49-Interest-in-Park-Avenue-Plaza.html
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.