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Kushner Companies Leases 49846 Square Feet At 666 5th Ave New York For $65/SF

Property Image
LEASED
$65
Paul Glickman
Alexander Chudnoff
+ 1

New York

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LEASED

Kushner Companies Leases 49846 Square Feet At 666 5th Ave New York For $65/SF

666 5th Ave, New York, NY, 10103

See Similar Deals
Commercial49,846 SF
Paul Glickman
Alexander Chudnoff
+ 1
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$65
Total Square Footage:49,846 SF
Transaction Type:Lease

The property involved in this transaction is located at 666 5th Ave, New York, NY, 10103, within the New York market. The leased space encompasses a total of 49,846 square feet. The rent per square foot for this lease agreement is set at $65.

Summary of transaction details:

This lease transaction involves Kushner Companies as the landlord, with the tenant's representation being handled by Alexander Chudnoff from JLL. The landlord's representative in this deal is Jared Solomon from Vornado Realty Trust.

Players

Alexander Chudnoff
19 deals$38.2M volume
BROKER

Paul Glickman
JLL
27 deals
BROKER

Scott Vinett
JLL
7 deals
BROKER


Kushner Companies
LANDLORD

Details

LEASED
IMAGE: 666 5th Ave, New York, NY, 10103 MARKET: New York TENANT'S REP: Alexander Chudnoff(JLL) LANDLORD'S REP: Jared Solomon(Vornado Realty Trust) TENANT: LANDLORD: Kushner Companies RENT/SF: 65 SQUARE FEET: 49846

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Deal Type
Effective Rent (Annual)

$3,714,285.43

Total Lease Value

$37,142,854.33

Net Landlord Cash Flow$3,714,285.43