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Velour Medical Leases 12000 Square Feet At 1239 Broadway In NoMad
LEASED
New York
See Similar DealsOffice12,000 SF
Leased 10/17/2024
LEASED
Velour Medical Leases 12000 Square Feet At 1239 Broadway In NoMad
1239 Broadway
See Similar DealsOffice12,000 SF
Leased 10/17/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:12,000 SF
Transaction Type:Lease
The property asset is an office space located at 1239 Broadway in the NoMad market, encompassing a total of 12,000 square feet. This space is leased to Velour Medical, making it their second clinic in Manhattan.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1239 Broadway
- Market: NoMad
- Landlord: Justin Management
- Tenant: Dr. Michael Kennis & Zach Goldstein - Velour Medical
- Broker: Jared Sternberg - Kaufman
The lease was signed for Velour Medical, which will offer Botox, fillers, and other cosmetic procedures at this location. The involved parties include Dr. Michael Kennis and Zach Goldstein, who represent the tenant, while Jared Sternberg serves as the broker in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$687,832.76
Total Lease Value
$6,878,327.59
Net Landlord Cash Flow$687,832.76
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