NYU Langone Signs 15-Year Lease At 167 Veterans Memorial Highway In Commack
LEASED
$33
New York
See Similar DealsOffice17,150 SF
Leased 02/01/2023
LEASED
NYU Langone Signs 15-Year Lease At 167 Veterans Memorial Highway In Commack
167 Veterans Memorial Highway
See Similar DealsOffice17,150 SF
Leased 02/01/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$33
Total Square Footage:17,150 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 167 Veterans Memorial Highway in Commack. It is a mixed-use office/retail space with a total of 17,150 square feet. The landlord, Frank Nick, has entered into a lease agreement with NYU Langone as the tenant.
Summary of transaction details
- Property Type: Office/Retail
- Transaction Amount: Not specified
- Address: 167 Veterans Memorial Highway, Commack
- Market: Commack
- Tenant: NYU Langone
- Landlord: Frank Nick
The lease term for this agreement is set at 15 years. The landlord is represented by Michael Gronenthal and Michael Murphy, while Ted Stratigos from Avison Young serves as the tenant's representative in the deal.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$648,798.25
Total Lease Value
$6,487,982.50
Net Landlord Cash Flow$648,798.25
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