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Vine Ventures Signs Lease For Office Space In Flatiron District

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LEASED

New York

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Office7,080 SF
Leased 06/17/2022
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Property Image
LEASED

Vine Ventures Signs Lease For Office Space In Flatiron District

101 5th Ave, New York City, New York 10011, United States

See Similar Deals
Office7,080 SF
Leased 06/17/2022
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:7,080 SF
Transaction Type:Lease

101 5th Ave, located in the Flatiron market, has been leased for office use. The lease was finalized on June 17, 2022.

Summary of transaction details:

Notable individuals involved in this lease include Eric Reiner from Vine Ventures and brokers Steven Evans and Khashy Eyn from Platinum Properties. Platinum Properties congratulates Eric and the Vine team on closing their second fund, raising a total of $140 million. They wish them success and prosperity in their new headquarters.

Players

Khashy Eyn
24 deals$581.9M volume(212) 825-0050
BROKER

Steven Evans
Platinum Commercial
45 deals$36.1M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Eric Reiner, Steven Evans & Khashy Eyn DATE: 06/17/2022 ADDRESS: 101 5th Ave. MARKET: Flatiron ASSET TYPE: Office LANDLORD: Eretz Group TENANT: Vine Ventures (@VineVentures_) - Eric Reiner (@EricMReiner) BROKERS: Steven Evans (@SEvans717) & Khashy Eyn - Platinum Properties (@PlatinumProperties_NYC) ASKING RENT: $91/ft. ~ SF: 7,080 NOTE FROM BROKERS: Platinum would like to congratulate Eric & the Vine team on the closing of its second fund for a total raise of $140M. We wish you the utmost growth, prosperity, & success in your new headquarters.

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Deal Type
Effective Rent (Annual)

$405,821.33

Total Lease Value

$4,058,213.28

Net Landlord Cash Flow$405,821.33