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Flexibility Capital Leases 7,111 SF Office Space At 1501 Broadway, Manhattan

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LEASED

New York

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Office7,111 SF
Leased 07/06/2023
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LEASED

Flexibility Capital Leases 7,111 SF Office Space At 1501 Broadway, Manhattan

1501 Broadway New York, New York 10036, Usa

See Similar Deals
Office7,111 SF
Leased 07/06/2023
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:7,111 SF
Transaction Type:Lease

Flexibility Capital has secured a lease for a 7,111-square-foot office space located at 1501 Broadway in Manhattan. The transaction was facilitated by Newmark brokers Stephen Gordon, Matthew Leon, and Nathan Kropp who represented the landlord, Paramount Leasehold LP.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 1501 Broadway, Manhattan
  • Market: Manhattan
  • Asset Type: Office
  • Square Footage: 7,111

Flexibility Capital, a tenant, has successfully secured a lease for a 7,111-square-foot office space located at 1501 Broadway in Manhattan. Representing the landlord, Paramount Leasehold LP, the transaction was facilitated by Newmark brokers Stephen Gordon, Matthew Leon, and Nathan Kropp.

Players

4 deals
BROKER


Matthew Leon
Newmark
7 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Nathan Kropp, Stephen Gordon & Matthew Leon DATE: 07/06/2023 ADDRESS: 1501 Broadway MARKET: Manhattan ASSET TYPE: Office ~ SF: 7,111 LANDLORD: Paramount Leasehold LP TENANT: Flexibility Capital (@FlexibilityCapital) BROKERS: Stephen Gordon, Matthew Leon & Nathan Kropp - Newmark (@Newmark) NOTE: Flexibility Capital has secured a lease for a 7,111-square-foot office space located at 1501 Broadway, Manhattan. The landlord of the property is Paramount Leasehold LP, and the transaction was facilitated by Newmark brokers Stephen Gordon, Matthew Leon, and Nathan Kropp representing the landlord.

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Deal Type
Effective Rent (Annual)

$407,598.23

Total Lease Value

$4,075,982.29

Net Landlord Cash Flow$407,598.23