Mattress Firm Leases 3300 Square Feet At 1272 Lexington Ave With Newmark Brokers In New York
LEASED
New York
See Similar DealsMultiFamily3,300 SF
LEASED
Mattress Firm Leases 3300 Square Feet At 1272 Lexington Ave With Newmark Brokers In New York
1272 Lexington Ave, New York, NY, 10...
See Similar DealsMultiFamily3,300 SF
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:3,300 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 1272 Lexington Ave, New York, NY. It features a total area of 3,300 square feet. The transaction falls within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1272 Lexington Ave, New York, NY
- Square Feet: 3,300
- Tenant: Mattress Firm
- Landlord: 1276 Lex Owner, LLC
- Tenant's Representative: Marc Frankel & Drew Weiss - Newmark
- Landlord's Representative: Mark Stempel - CityVest Realty Corp
This transaction involved representatives Marc Frankel and Drew Weiss from Newmark representing Mattress Firm, while Mark Stempel from CityVest Realty Corp represented the landlord, 1276 Lex Owner, LLC. The involvement of these individuals indicates a collaborative effort in finalizing the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$189,154.01
Total Lease Value
$1,891,540.09
Net Landlord Cash Flow$189,154.01
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