Richard Nassimi And Tiana Taylor Represent Landlord In Lease Of Midtown Manhattan Condo At 157 West 57th Street
LEASED
New York
See Similar DealsCondo2,009 SF
Leased 12/21/2025
LEASED
Richard Nassimi And Tiana Taylor Represent Landlord In Lease Of Midtown Manhattan Condo At 157 West 57th Street
157 West 57th Street
See Similar DealsCondo2,009 SF
Leased 12/21/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$25,000
Total Square Footage:2,009 SF
Transaction Type:Lease
The property asset involved in the transaction is a condo located at 157 West 57th Street in Midtown Manhattan. The asking rent is $150 per square foot for a total area of 2,009 square feet, resulting in a monthly rent of $25,000. The lease term is set for 1 year under a single net lease type.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $25,000 monthly rent
- Address: 157 West 57th Street
- Market: Midtown Manhattan
- Asking Rent: $150/ft
- Square Footage: 2,009
- Lease Term: 1 Year
- Lease Type: Single Net Lease
The deal involves the landlord's representatives Richard Nassimi and Tiana Taylor, who played key roles in this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$57,577,333.84
Total Lease Value
$575,773,338.42
Net Landlord Cash Flow$57,577,333.84
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