Definition 6 Leases 13750 Square Feet At 218 W 40th St From Savitt Partners
LEASED
$55
New York
See Similar DealsOffice13,750 SF
Leased 10/30/2017
LEASED
Definition 6 Leases 13750 Square Feet At 218 W 40th St From Savitt Partners
218 W 40th St, New York, NY, 10018
See Similar DealsOffice13,750 SF
Leased 10/30/2017
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$55
Total Square Footage:13,750 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 218 W 40th St, New York, NY 10018, in the New York market. The tenant, Definition 6, has secured a leasing arrangement for a space measuring 13,750 square feet at a rental rate of $55 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 218 W 40th St, New York, NY, 10018
- Market: New York
- Tenant: Definition 6
- Landlord: Savitt Partners
- Tenant's Representative: Ken Ruderman & Jarod Stern - Savills Studley
Key individuals in this transaction include the tenant, Definition 6, and the landlord, Savitt Partners. The deal was represented on the tenant's side by brokers Ken Ruderman and Jarod Stern from Savills Studley, facilitating the leasing process.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$866,955.87
Total Lease Value
$8,669,558.73
Net Landlord Cash Flow$866,955.87
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