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CHD Dream Home Leases Office Space At 111 W 33rd St In Herald Square, NYC

Property Image
LEASED

New York

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Office42,000 SF
Leased 11/21/2018
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Property Image
LEASED

CHD Dream Home Leases Office Space At 111 W 33rd St In Herald Square, NYC

111 W 33rd St, New York, NY 10120, USA

See Similar Deals
Office42,000 SF
Leased 11/21/2018

Summary

NEW YORK
Asset Type:Office
Total Square Footage:42,000 SF
Transaction Type:Lease

The office property located at 111 W 33rd St, New York, NY 10120, USA, in the Herald Square market, has been leased to CHD Dream Home. The landlord of the property is Macy's. The lease transaction was facilitated by Tenant Brokers Andrew Zang and Robert Kunikoff, representing CHD Dream Home, and Sublandlord Broker Scott Gottlieb. The lease was signed on 10/04/2022 at a rate of $52.00 per square foot. The total square footage of the leased space is 42,000 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Tenant: CHD Dream Home
  • Landlord: Macy's
  • Broker: Tenant: Andrew Zang and Robert Kunikoff / Sublandlord Broker: Scott Gottlieb
  • Rent/SF: $52.00/sf
  • Square Feet: 42,000
  • Date: 10/04/2022
  • Address: 111 W 33rd St, New York, NY 10120, USA
  • Market: Herald Square

Andrew Zang, Robert Kunikoff, and Scott Gottlieb played key roles in the lease deal, representing the tenant and sublandlord. Their expertise and negotiation skills contributed to the successful completion of the transaction.

Details

LEASED
IMAGE: 10/04/2022 ADDRESS: 111 W 33rd St, New York, NY 10120, USA MARKET: Herald Square ASSET TYPE: Office TENANT: CHD Dream Home LANDLORD: Macy’s BROKER: Tenant: Broker Andrew Zang and Robert Kunikoff / Sublandlord Broker: Scott Gottlieb RENT/SF: $52.00/sf SQUARE FEET: 42000 Andrew Zang @amzangg, Robert Kunikoff, Scott Gottlieb :Broker

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Effective Rent (Annual)

$2,407,414.66

Total Lease Value

$24,074,146.55

Net Landlord Cash Flow$2,407,414.66