Persistent Systems LLC Leases 55000 Square Feet From RXR Realty At 198 12th Ave New York
LEASED
New York
See Similar Deals55,000 SF
LEASED
Persistent Systems LLC Leases 55000 Square Feet From RXR Realty At 198 12th Ave New York
198 12th Ave, New York, NY, 10001
See Similar Deals55,000 SF
Summary
NEW YORK
Price Per Square Foot:$0
Total Square Footage:55,000 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 198 12th Ave, New York, NY, 10001. This lease transaction encompasses a total of 55,000 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 198 12th Ave, New York, NY, 10001
- Market: New York
- Tenant: Persistent Systems LLC
- Landlord: RXR Realty
- Tenant's Representatives: Jordan Gosin (Newmark), Joshua (Josh) Gosin (Newmark), John Michael Cilmi (Newmark Knight Frank)
The transaction features key representatives from Newmark, including Jordan Gosin and Joshua (Josh) Gosin, alongside John Michael Cilmi from Newmark Knight Frank. Persistent Systems LLC is the tenant securing the lease from RXR Realty, indicating collaboration between notable entities in the New York real estate market.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,152,566.81
Total Lease Value
$31,525,668.11
Net Landlord Cash Flow$3,152,566.81
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