GFP Real Estate Leases 11880 Square Feet At 169 Madison Ave New York To Tenant Represented By Christel Engel
LEASED
New York
See Similar DealsOffice11,880 SF
Leased 05/23/2022
LEASED
GFP Real Estate Leases 11880 Square Feet At 169 Madison Ave New York To Tenant Represented By Christel Engel
169 Madison Ave, New York, NY, 10016
See Similar DealsOffice11,880 SF
Leased 05/23/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,880 SF
Transaction Type:Lease
The property involved in the transaction is located at 169 Madison Ave, New York, NY, 10016. The asset encompasses a total of 11,880 square feet and falls within the New York market. GFP Real Estate serves as the landlord for this lease agreement.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not applicable
- Address: 169 Madison Ave, New York, NY, 10016
- Market: New York
- Square Feet: 11,880
- Landlord: GFP Real Estate
- Tenant's Representative: Christel Engel (Colliers International)
This transaction highlights the role of Christel Engel from Colliers International, who represents the tenant in the lease agreement. The involvement of a dedicated tenant's representative signifies the importance of professional guidance in securing suitable leasing arrangements in the competitive New York market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$680,954.43
Total Lease Value
$6,809,544.31
Net Landlord Cash Flow$680,954.43
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