101 Studios Inks Lease Deal For 8300 SF Office Space In New York
LEASED
New York
See Similar DealsOffice8,300 SF
Leased 08/19/2022
LEASED
101 Studios Inks Lease Deal For 8300 SF Office Space In New York
1245 Broadway, New York, NY, 10001
See Similar DealsOffice8,300 SF
Leased 08/19/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:8,300 SF
Transaction Type:Lease
The property at 1245 Broadway, New York, NY, 10001 is an office building spanning 8,300 square feet. The leasing transaction for this asset took place on 08/19/2022 in the New York market. The Landlord for this property is GDSNY, and the Tenant is 101 Studios. The Tenant's Representative in this deal is Lee Polster.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1245 Broadway, New York, NY, 10001
- Market: New York
- Tenant: 101 Studios
- Landlord: GDSNY
- Square Feet: 8,300
- Tenant's Rep: Lee Polster
This deal brought together 101 Studios as the Tenant, represented by Lee Polster, and GDSNY as the Landlord. The agreement for this office property signifies a significant business move for both parties involved, solidifying their roles in the New York real estate market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$475,750.99
Total Lease Value
$4,757,509.91
Net Landlord Cash Flow$475,750.99
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