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Mitsubishi International Corporation Signs Lease With Durst Organization For 68000 Square Feet In NYC

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LEASED

New York

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Office68,000 SF
Leased 09/01/2021
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LEASED

Mitsubishi International Corporation Signs Lease With Durst Organization For 68000 Square Feet In NYC

151 W 42nd St, New York, NY, 10036

See Similar Deals
Office68,000 SF
Leased 09/01/2021
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:68,000 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 151 W 42nd St, New York, NY, 10036. The leased space has a total area of 68,000 square feet within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 151 W 42nd St, New York, NY, 10036
  • Market: New York
  • Square Feet: 68,000
  • Tenant: Mitsubishi International Corporation
  • Landlord: Durst Organization
  • Tenant's Representative: E.N. Cutler - Newmark

The key parties involved in this transaction include Mitsubishi International Corporation as the tenant which indicates their operational interests in the area. Durst Organization serves as the landlord, responsible for the property management and leasing, while E.N. Cutler represents the tenant, facilitating the lease negotiations and terms of occupancy.

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Details

LEASED
IMAGE: 151 W 42nd St, New York, NY, 10036 MARKET: New York TENANT'S REP: E.N. Cutler -Newmark TENANT: Mitsubishi International Corporation LANDLORD: Durst Organization SQUARE FEET: 68000

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Deal Type
Effective Rent (Annual)

$3,897,718.97

Total Lease Value

$38,977,189.66

Net Landlord Cash Flow$3,897,718.97