Rosen Equities Leases Office Space To My Sales In Midtown South For $44 Per Ft
LEASED
$44
New York
See Similar DealsOffice13,600 SF
Leased
LEASED
Rosen Equities Leases Office Space To My Sales In Midtown South For $44 Per Ft
1255 1261 Broadway
See Similar DealsOffice13,600 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$44
Total Square Footage:13600 SF
Transaction Type:Lease
The asset involved in this transaction is an office property located at 1255-1261 Broadway in the Midtown South market. The asking rent for the space is set at $44 per square foot, with a total area of 13,600 square feet. The lease type is classified as a modified gross lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $44/ft
- Size: 13,600 SF
- Address: 1255-1261 Broadway
- Market: Midtown South
- Landlord: Rosen Equities
- Tenant: My Sales
- Landlord's Representative: Max Koeppell - Koeppell Rosen
- Tenant's Representative: Joel Kubie - Benchmark Properties
The deal was facilitated by representatives from both sides, with Max Koeppell of Koeppell Rosen representing the landlord, Rosen Equities, and Joel Kubie from Benchmark Properties representing the tenant, My Sales. The transaction was finalized on July 1, 2025.
Players
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$685,998.54
Total Lease Value
$6,859,985.38
Net Landlord Cash Flow$685,998.54
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