Regal Jewelry Signs Modified Gross Lease In Midtown South Office Building
LEASED
New York
See Similar DealsOffice13,027 SF
Leased
LEASED
Regal Jewelry Signs Modified Gross Lease In Midtown South Office Building
1 East 33rd Street
See Similar DealsOffice13,027 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$48
Total Square Footage:13027 SF
Transaction Type:Lease
The office property located at 1 East 33rd Street in Midtown South, Manhattan has been leased. The asset spans 13,027 square feet and is owned by Koeppell Rosen. The tenant, Regal Jewelry, has entered into a lease agreement for the space.
Summary of transaction details
- Property Type: Office
- Asking Rent: $48 per square foot
- Lease Type: Modified Gross Lease
- Landlord: Koeppell Rosen
- Tenant: Regal Jewelry
- Landlord's Representative: Max Koepell - Koeppell Rosen
- Brokers: Daniel Lolai, Raymond Balassiano, and Wayne Siegel - LSL Advisors
The negotiation and facilitation of the lease were handled by Daniel Lolai, Raymond Balassiano, and Wayne Siegel, representing LSL Advisors. They worked on behalf of Regal Jewelry, while Max Koepell served as the landlord's representative for Koeppell Rosen.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$716,831.79
Total Lease Value
$7,168,317.88
Net Landlord Cash Flow$716,831.79
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