SJP Properties Leases 24412 SF Medical Office To Paige In New York
LEASED
New York
See Similar DealsMedical Office24,412 SF
Leased 10/07/2021
LEASED
SJP Properties Leases 24412 SF Medical Office To Paige In New York
11 Times Square, New York, NY, 10036
See Similar DealsMedical Office24,412 SF
Leased 10/07/2021
Summary
NEW YORK
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:24,412 SF
Transaction Type:Lease
11 Times Square is a medical office asset located in New York, NY, encompassing 24,412 square feet. This property is situated in a prominent market area, catering to medical tenants and services.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not specified
- Date of Transaction: 10/07/2021
- Address: 11 Times Square, New York, NY, 10036
- Landlord: SJP Properties
- Tenant: Paige
- Brokers: Neil Goldmacher-Newmark
The transaction involved SJP Properties as the landlord, leasing the medical office space to Paige. Neil Goldmacher from Newmark represented the landlord in this lease agreement. This transaction fits within New York's medical office market dynamics.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,399,281.11
Total Lease Value
$13,992,811.09
Net Landlord Cash Flow$1,399,281.11
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