SL Green Realty Corp. Leases 167,000 SF Office Space In New York City For $70/SF
LEASED
$70
New York
See Similar DealsOffice167,000 SF
Leased 01/17/2016
LEASED
SL Green Realty Corp. Leases 167,000 SF Office Space In New York City For $70/SF
220 E 42nd St, New York, NY, 10017
See Similar DealsOffice167,000 SF
Leased 01/17/2016
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$70
Total Square Footage:167,000 SF
Transaction Type:Lease
The office property located at 220 E 42nd St, New York, NY, 10017 in the New York City market has been leased. Spanning 167,000 square feet, the space commands a rent of $70 per square foot. The landlord, SL Green Realty Corp., was represented by Steven Durels in this transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 220 E 42nd St, New York, NY, 10017
- Market: New York City
- Landlord: SL Green Realty Corp.
- Rent/SF: $70
- Square Feet: 167,000
- Landlord's Rep: Steven Durels
This lease transaction was facilitated by Steven Durels from SL Green Realty Corp., representing the landlord in the deal. The lessee and other involved parties in the transaction were not disclosed in the provided information.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$13,401,274.92
Total Lease Value
$134,012,749.15
Net Landlord Cash Flow$13,401,274.92
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