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Midtown East Physical Therapy Signs 10-Year Lease For Office Space At 12 East 46th Street, New York City

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LEASED

New York

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Office2 SF
Leased 03/30/2023
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Property Image
LEASED

Midtown East Physical Therapy Signs 10-Year Lease For Office Space At 12 East 46th Street, New York City

12 East 46th Street, New York City, New York 10017, United States

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Office2 SF
Leased 03/30/2023
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:2 SF
Transaction Type:Lease

An office space located at 12 East 46th Street in New York City has recently been leased. The lease was signed on 03/30/2023 for a term of 10 years. The property, spanning 2,555 square feet, was leased by Midtown East Physical Therapy. The landlord for this transaction is ABS Partners, while the tenant was represented by Aric Trakhtenberg from Newmark. Elisa Larson from ABS Partners Real Estate acted as the landlord's representative in the deal. The asking rent for this lease was $50 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Leased
  • Address: 12 East 46th Street, New York City
  • Tenant: Midtown East Physical Therapy
  • Landlord: ABS Partners
  • Tenant's Representative: Aric Trakhtenberg - Newmark
  • Landlord's Representative: Elisa Larson - ABS Partners Real Estate
  • Asking Rent: $50 per square foot
  • Lease Term: 10 years

In this lease transaction, Midtown East Physical Therapy secured an office space at 12 East 46th Street, New York City. The tenant was represented by Aric Trakhtenberg from Newmark, while Elisa Larson from ABS Partners Real Estate acted as the landlord's representative. The lease term is set for 10 years, and the asking rent for the property was $50 per square foot.

Players

Aric Trakhtenberg
50 deals$8.3M volume(212) 916-3386
BROKER

LANDLORD

Details

LEASED
IMAGE: Aric Trakhtenberg & Elisa Larson DATE: 03/30/2023 ADDRESS: 12 East 46th Street MARKET: New York City ASSET TYPE: Office LANDLORD: ABS Partners TENANT: Midtown East Physical Therapy (@MidtownEastPhysicalTherapy) LANDLORD'S REP: Elisa Larson - ABS Partners Real Estate (@ABS_Partners) TENANT'S REP: Aric Trakhtenberg - Newmark (@Newmark) ASKING RENT: $50/ft ~ SF: 2,555 LEASE TERM: 10 years

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Deal Type
Effective Rent (Annual)

$114.64

Total Lease Value

$1,146.39

Net Landlord Cash Flow$114.64