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Adventureland Signs Lease At 1501 Broadway New York With Paramount Leasehold For $62/SF

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LEASED
$62

New York

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Office10,109 SF
Leased 02/15/2017
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Property Image
LEASED

Adventureland Signs Lease At 1501 Broadway New York With Paramount Leasehold For $62/SF

1501 Broadway, New York, NY, 10036

See Similar Deals
Office10,109 SF
Leased 02/15/2017
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$62
Total Square Footage:10,109 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 1501 Broadway, New York, NY, 10036. It encompasses a total square footage of 10,109 and has a rental rate of $62 per square foot. The market for this asset is New York.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1501 Broadway, New York, NY, 10036
  • Market: New York
  • Tenant: Adventureland
  • Landlord: Paramount Leasehold
  • Tenant's Representative: Dennis Karr - Newmark Grubb Knight Frank
  • Rent/SF: $62
  • Square Feet: 10,109

The deal features a significant involvement from key individuals and companies, with Dennis Karr representing the tenant, Adventureland, while the landlord is Paramount Leasehold. The eventual terms and conditions of the lease have been managed through these representatives to finalize the transaction.

Players

DK
2 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: 1501 Broadway, New York, NY, 10036 MARKET: New York TENANT'S REP: Dennis Karr -Newmark Grubb Knight Frank TENANT: Adventureland LANDLORD: Paramount Leasehold RENT/SF: 62 SQUARE FEET: 10109

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Deal Type
Effective Rent (Annual)

$718,507.81

Total Lease Value

$7,185,078.07

Net Landlord Cash Flow$718,507.81