Automattic Inc Leases Office Space At 166 Crosby Street In NoHo For $100/ft
LEASED
$100
New York
See Similar DealsOffice11,511 SF
Leased 07/17/2024
LEASED
Automattic Inc Leases Office Space At 166 Crosby Street In NoHo For $100/ft
166 Crosby Street
See Similar DealsOffice11,511 SF
Leased 07/17/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$100
Total Square Footage:11,511 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 166 Crosby Street in the NoHo market. It is an office type asset, consisting of 11,511 square feet. The asking rent for the space is set at $100 per square foot, and the lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,151,100
- Address: 166 Crosby Street
- Market: NoHo
- Landlord: Bradley Fishel - Renaissance Properties
- Tenant: Automattic Inc
- Brokers: JD Cohen & Owen Reda - Newmark
Key individuals involved in this lease transaction include Bradley Fishel, who represents the landlord Renaissance Properties, and Automattic Inc as the tenant. The brokers facilitating the deal are JD Cohen and Owen Reda, both from Newmark.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,319,607.15
Total Lease Value
$13,196,071.48
Net Landlord Cash Flow$1,319,607.15
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