KIPP Foundation Leases 1501 Broadway Office Space In New York Deal
LEASED
New York
See Similar DealsOffice18,680 SF
Leased 11/02/2018
LEASED
KIPP Foundation Leases 1501 Broadway Office Space In New York Deal
1501 Broadway, New York, NY, 10036
See Similar DealsOffice18,680 SF
Leased 11/02/2018
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:18,680 SF
Transaction Type:Lease
The office property located at 1501 Broadway in New York, NY, 10036, encompassing 18,680 square feet, was leased on November 2, 2018. The lease transaction involved the KIPP Foundation as the tenant represented by Lauren Davidson from Transwestern, and Paramount Leasehold as the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: KIPP Foundation
- Tenant's Rep: Lauren Davidson (Transwestern)
- Landlord: Paramount Leasehold
- Square Feet: 18,680
- Market: New York
Notable individuals in the deal included Lauren Davidson from Transwestern, representing the tenant, KIPP Foundation, and Paramount Leasehold as the landlord.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,070,726.33
Total Lease Value
$10,707,263.28
Net Landlord Cash Flow$1,070,726.33
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