New Mountain Capital Leases 108000 Square Feet At 1631 Broadway New York From Paramount Group
LEASED
New York
See Similar DealsOffice108,000 SF
Leased 02/05/2019
LEASED
New Mountain Capital Leases 108000 Square Feet At 1631 Broadway New York From Paramount Group
1631 Broadway, New York, NY, 10019
See Similar DealsOffice108,000 SF
Leased 02/05/2019
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:108,000 SF
Transaction Type:Lease
The lease transaction involves a property located at 1631 Broadway, New York, NY, 10019. The total square footage of the leased space is 108,000 square feet, situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not provided
- Address: 1631 Broadway, New York, NY, 10019
- Market: New York
- Landlord: Paramount Group
- Tenant: New Mountain Capital
- Landlord's Rep: Emily Jones & Howard Fiddle - CBRE
- Brokers: Ken Ruderman - Savills
The deal features key representatives including the landlord's representatives, Emily Jones and Howard Fiddle from CBRE, as well as broker Ken Ruderman from Savills, who facilitated the transaction for New Mountain Capital.
Players
BROKERAGE
LENDER
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$6,190,494.83
Total Lease Value
$61,904,948.28
Net Landlord Cash Flow$6,190,494.83
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