Monday.com Leases 140,000 SF Office Space At 225 Park Avenue South From SageHall
LEASED
$125
New York
See Similar DealsOffice140,000 SF
Leased 12/01/2025
LEASED
Monday.com Leases 140,000 SF Office Space At 225 Park Avenue South From SageHall
225 Park Avenue South
See Similar DealsOffice140,000 SF
Leased 12/01/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$125
Total Square Footage:140,000 SF
Transaction Type:Lease
The asset involved in the transaction is an office property located at 225 Park Avenue South in the Flatiron District of Manhattan. The lease type is a single net lease, and the asking rent is $125 per square foot, covering a total of 140,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $125/ft
- Lease Type: Single Net Lease
- Landlord: SageHall
- Tenant: Monday.com
- Brokers: Kirill Azovtsev & James Wenk - Savills
- Date: 12/1/2025
The deal features brokers Kirill Azovtsev and James Wenk representing the interests of the landlord and tenant respectively. They are associated with Savills and played a key role in facilitating this transaction.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$20,061,788.80
Total Lease Value
$200,617,887.95
Net Landlord Cash Flow$20,061,788.80
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