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Infinite Global Signs Lease For Office Space In Midtown Manhattan At 21 West 38th Street

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LEASED

New York

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Office4,465 SF
Leased 02/01/2022
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LEASED

Infinite Global Signs Lease For Office Space In Midtown Manhattan At 21 West 38th Street

21 East 38th Street, New York City, New York 10016, United States

See Similar Deals
Office4,465 SF
Leased 02/01/2022
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:4,465 SF
Transaction Type:Lease

An office space located at 21 West 38th Street in Midtown has been leased. The property, totaling 4,465 square feet, was leased by Infinite Global. The lease transaction was facilitated by Matthew DeRose and William Janetschek of Nomad Group, representing Infinite Global. Brause Realty acted as the landlord in this deal, with Avison Young serving as their representative. The asking rent for the space was $50 per square foot.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: Lease
  • Date: 02/01/2022
  • Address: 21 West 38th Street
  • Market: Midtown
  • Tenant: Infinite Global
  • Tenant's Representative: Matthew DeRose & William Janetschek - Nomad Group
  • Landlord: Brause Realty
  • Landlord's Representative: Avison Young
  • Asking Rent: $50/ft.
  • Square Footage: 4,465

The lease of this office space was successfully negotiated by Matthew DeRose and William Janetschek of Nomad Group, who represented the tenant, Infinite Global. Brause Realty acted as the landlord in this transaction, with Avison Young providing their representation. The lease was finalized on 02/01/2022 with an asking rent of $50 per square foot for the 4,465 square feet of office space.

Players

Matthew DeRose
34 deals(646) 688-3158
BROKER

William Janetschek
Nomad Group
30 deals$3.8M volume
BROKER

Brause Realty
LANDLORD

Details

LEASED
IMAGE: William Janetschek, Matthew DeRose, Todd Korren & Rachel Rosenfeld DATE: 02/01/2022 ADDRESS: 21 West 38th Street MARKET: Midtown ASSET TYPE: Office LANDLORD: Brause Realty TENANT: Infinite Global TENANT'S REP: Matthew DeRose & William Janetschek - Nomad Group (@NomadGroup.Io) LANDLORD'S REP: - Avison Young ASKING RENT: $50/ft. ~ SF: 4,465

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Deal Type
Effective Rent (Annual)

$255,931.11

Total Lease Value

$2,559,311.06

Net Landlord Cash Flow$255,931.11