Champion Elevator Corp. Leases 5422 Square Feet At 1450 Broadway New York From ZG Capital Partners
LEASED
New York
See Similar DealsOffice5,422 SF
Leased 05/07/2021
LEASED
Champion Elevator Corp. Leases 5422 Square Feet At 1450 Broadway New York From ZG Capital Partners
1450 Broadway, New York, NY, 10018
See Similar DealsOffice5,422 SF
Leased 05/07/2021
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:5,422 SF
Transaction Type:Lease
The property involved in the lease transaction is located at 1450 Broadway, New York, NY, 10018. This asset has a total square footage of 5,422 and is situated within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1450 Broadway, New York, NY, 10018
- Market: New York
- Tenant: Champion Elevator Corp.
- Landlord: ZG Capital Partners
- Tenant's Representative: Joseph Grotto (Cushman & Wakefield)
This transaction highlights the collaboration between various parties, specifically with Joseph Grotto representing Champion Elevator Corp. through Cushman & Wakefield, while ZG Capital Partners acts as the landlord. The specific terms and conditions of the lease negotiation are not detailed in the context.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$310,785.77
Total Lease Value
$3,107,857.68
Net Landlord Cash Flow$310,785.77
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