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Goddard Riverside Community Center Leases 5,056-SF Office Space At 2389 Adam Clayton Powell Jr. Boulevard
LEASED
$35
New York
See Similar DealsOffice5,056 SF
Leased 10/29/2024
LEASED
Goddard Riverside Community Center Leases 5,056-SF Office Space At 2389 Adam Clayton Powell Jr. Boulevard
2389 Adam Clayton Powell Jr. Boulevard
See Similar DealsOffice5,056 SF
Leased 10/29/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$35
Total Square Footage:5,056 SF
Transaction Type:Lease
The property asset involved in the transaction is a 5,056-square-foot office space located at 2389 Adam Clayton Powell Jr. Boulevard in Harlem, Manhattan. The asking rent for this office space was set at $35 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $35/ft
- Address: 2389 Adam Clayton Powell Jr. Boulevard
- Market: Harlem, Manhattan
- Landlord: KP Developers
- Tenant: Goddard Riverside Community Center
- Broker: Samuel Hartstein - Gemstone Realty Group
- Square Footage: 5,056
- Lease Duration: 10 years
The transaction involved Goddard Riverside Community Center, which signed a lease to expand its services aimed at teens, the elderly, and the homeless. Samuel Hartstein represented Gemstone Realty Group in this leasing agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$202,864.81
Total Lease Value
$2,028,648.08
Net Landlord Cash Flow$202,864.81
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