Friends Of The Children Leases Office Space In Harlem From Tahl Propp Equities
LEASED
New York
See Similar DealsOffice6,926 SF
Leased 09/20/2022
LEASED
Friends Of The Children Leases Office Space In Harlem From Tahl Propp Equities
1235 5th Avenue, New York City, New York 10011, United States
See Similar DealsOffice6,926 SF
Leased 09/20/2022
Summary
NEW YORK
Asset Type:Office
Total Square Footage:6,926 SF
Transaction Type:Lease
An office space located at 1235 Fifth Avenue in Harlem has been leased. The property, measuring 6,926 square feet, was leased by Friends of the Children. The deal was brokered by Paul Walker and Laurence Briody from CBRE on behalf of the tenant. The landlord for this transaction is Tahl Propp Equities.
Summary of Transaction Details
- Property Type: Office
- Asking Rent: $55/ft.
- Date: 09/20/2022
- Address: 1235 Fifth Avenue, Harlem
- Tenant: Friends of the Children
- Landlord: Tahl Propp Equities
- Brokers: Paul Walker & Laurence Briody - CBRE
- Square Footage: 6,926
Laurence Briody and Paul Walker from CBRE played a key role in this leasing deal. They successfully represented Friends of the Children, securing the office space at 1235 Fifth Avenue.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$396,994.14
Total Lease Value
$3,969,941.41
Net Landlord Cash Flow$396,994.14
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