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Simone Development Cos. Leases 16,750 SF Office Space In Thornwood, NY

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LEASED

New York

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Office16,750 SF
Leased 03/28/2024
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LEASED

Simone Development Cos. Leases 16,750 SF Office Space In Thornwood, NY

1 Zeiss Drive

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Office16,750 SF
Leased 03/28/2024
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,750 SF
Transaction Type:Lease

1 Zeiss Drive in Thornwood, N.Y., witnessed a recent lease transaction involving a 16,750-square-foot office within the White Plains market. The property is part of a 129,168-square-foot office and R&D building.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Specified
  • Address: 1 Zeiss Drive
  • Market: Thornwood

William Cuddy Jr from CBRE represented Simone Development Cos as the tenant in this lease deal with landlords Michael Rao & Frank Rao from New York Commercial Realty Group.

Players

William Cuddy Jr
2 deals$4M volume(203) 325-5380
BROKER

Details

LEASED
IMAGE: 03/28/2024 ADDRESS: 1 Zeiss Drive MARKET: Thornwood ASSET TYPE: Office ~ SF: 16,750 LANDLORD: Michael Rao & Frank Rao - New York Commercial Realty Group TENANT: Simone Development Cos BROKER: William Cuddy Jr - CBRE NOTE: Simone Development Cos. has recently sealed a 16,750-square-foot office lease at its 129,168-square-foot office and R&D building in Thornwood, N.Y., within the White Plains market.

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Deal Type
Effective Rent (Annual)

$960,099.89

Total Lease Value

$9,600,998.92

Net Landlord Cash Flow$960,099.89