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ItyBell Productions Leases Multifamily Space At 39 West 56th Street From West Properties INC

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LEASED
$70

New York

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MultiFamily1,382 SF
Leased
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Property Image
LEASED

ItyBell Productions Leases Multifamily Space At 39 West 56th Street From West Properties INC

39 West 56th Street

See Similar Deals
MultiFamily1,382 SF
Leased
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$70
Total Square Footage:1382 SF
Transaction Type:Lease

The property involved in this transaction is located at 39 West 56th Street, situated in the Midtown Manhattan market. It is classified as a multifamily asset with a leasing arrangement totaling $70 per square foot for 1,382 square feet under a modified gross lease.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $70/ft
  • Square Footage: 1,382
  • Address: 39 West 56th Street
  • Market: Midtown Manhattan
  • Landlord: West Properties INC.
  • Tenant: ItyBell Productions
  • Broker: Alex Putzer - Bridge Advisory Group

The key individuals involved in this transaction include the landlord, West Properties INC., and tenant, ItyBell Productions. Representing the leasing deal is broker Alex Putzer from Bridge Advisory Group, who is known for a comprehensive approach to real estate and specializes in off-market assets in Manhattan and Brooklyn.

Players

Alex W. Putzer
Bridge Advisory Group
Alex W. Putzer
4 deals(917) 353-1916
BROKER

Details

LEASED
IMAGE: Alex Putzer & Liam Lis DATE: 11/23/2024 ADDRESS: 39 West 56th Street MARKET: Midtown Manhattan ASSET TYPE: Multifamily LANDLORD: West Properties INC. TENANT: ItyBell Productions (@ItyBellProductions) BROKER: Alex Putzer (@AlexPutzer) - Bridge Advisory Group (@BridgeAdvisoryGroup) ASKING RENT: $70/ft ~ SF: 1,382 LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: At Bridge Advisory Group, we pride ourselves on our comprehensive approach to real estate. As a growing brokerage, we specialize in off-market assets within the vibrant markets of Manhattan and Brooklyn. Our expertise extends beyond investment sales; we offer a full suite of services to meet all your real estate needs. Our Services Include: • Investment Sales: Dedicated to identifying and securing lucrative investment opportunities. • Leasing and Sales: Comprehensive services across residential and commercial sectors. • In-House Legal Team: Navigating the complexities of real estate transactions to ensure compliance and protection. • Loan Origination: Securing the best loan options tailored to your investment goals. Whether you’re buying, selling, or managing real estate, Bridge Advisory Group is here to guide you every step of the way. Contact: Alex Putzer 917-353-1916 | [email protected] Visit our website at Bridgenyre.com

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Deal Type
Effective Rent (Annual)

$110,901.57

Total Lease Value

$1,109,015.68

Net Landlord Cash Flow$110,901.57