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Bernhardt Furniture Renews Lease At 136 Madison Ave, Manhattan With Williams Equities
LEASED
New York
See Similar DealsOffice20,000 SF
Leased 05/20/2024
LEASED
Bernhardt Furniture Renews Lease At 136 Madison Ave, Manhattan With Williams Equities
136 Madison Avenue
See Similar DealsOffice20,000 SF
Leased 05/20/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Lease
Located at 136 Madison Avenue in Manhattan, the office asset comprising of 20,000 square feet has been the subject of a lease transaction involving the renewal and extension by Bernhardt Furniture. The lease was facilitated under the ownership of Williams Equities.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Williams Equities
- Tenant: Bernhardt Furniture
- Tenant's REP: Peter Sabesan & Matthew Feige
- Brokers: Matthew Feigen - Cresa & Peter Sabesan
CRESA's Peter Sabesan and Matthew Feigen played the key role in representing Bernhardt Furniture during the lease renewal and extension deal for the 20,000 square feet of office space at 136 Madison Avenue in Manhattan under the ownership of Williams Equities.
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Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,146,387.93
Total Lease Value
$11,463,879.31
Net Landlord Cash Flow$1,146,387.93
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