The recently closed lease transaction in New York City involved an office space located at 12 East 46th Street. The property, measuring 2,555 square feet, was leased by Midtown East Physical Therapy. The lease term for this transaction was set at 10 years. The asking rent for this space was $50 per square foot.

Summary of transaction details

• Property Type: Office
• Asking Rent: $50/ft
• Address: 12 East 46th Street
• Tenant: Midtown East Physical Therapy
• Lease Term: 10 years

ABS Partners represented the landlord in this lease agreement. Elisa Larson, from ABS Partners Real Estate, acted as the landlord's representative. On the other hand, Aric Trakhtenberg from Newmark represented Midtown East Physical Therapy as their tenant's representative.