Morton Williams Leases Office Space In New York From Silverstein Properties
LEASED
$85
New York
See Similar DealsOffice29,400 SF
Leased 12/08/2017
LEASED
Morton Williams Leases Office Space In New York From Silverstein Properties
1 West End Ave, New York, NY, 10023
See Similar DealsOffice29,400 SF
Leased 12/08/2017
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$85
Total Square Footage:29,400 SF
Transaction Type:Lease
The office property located at 1 West End Ave, New York, NY, 10023, in the bustling market of New York, boasts a total of 29,400 square feet. The lease was finalized on December 8, 2017, with the tenant Morton Williams agreeing to a rental rate of $85 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Landlord: Silverstein Properties
- Landlord's Representative: Richard Gelber (Newmark)
- Tenant: Morton Williams
The deal was facilitated with Richard Gelber from Newmark representing Silverstein Properties as the landlord's representative. Morton Williams, the established tenant, finalized the lease agreement under the terms mentioned above.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,864,823.44
Total Lease Value
$28,648,234.40
Net Landlord Cash Flow$2,864,823.44
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