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Capell Barnett Matalon & Schoenfeld Signs 15-Year Lease For 14 Penn Plaza Office Space
LEASED
$60
New York
See Similar DealsOffice15,000 SF
Leased 08/10/2023
LEASED
Capell Barnett Matalon & Schoenfeld Signs 15-Year Lease For 14 Penn Plaza Office Space
14 Penn Plaza, New York, NY 10122
See Similar DealsOffice15,000 SF
Leased 08/10/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$60
Total Square Footage:15,000 SF
Transaction Type:Lease
The law firm Capell Barnett Matalon & Schoenfeld has signed a 15-year lease for a 15,000-square-foot space at 14 Penn Plaza, located in the Midtown market. The property is owned by Circle Realty Group. The asking rent for the lease is $60 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 14 Penn Plaza
- Market: Midtown
Richard Kramer from Newmark represented Capell Barnett Matalon & Schoenfeld as the broker in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,031,749.14
Total Lease Value
$10,317,491.38
Net Landlord Cash Flow$1,031,749.14
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