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Mission Capital Leases Office Space At 240 West 40th Street In New York City

Property Image
LEASED
$52
Eric Siegel
Joel Kubie
+ 1

New York

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Office15,100 SF
Leased 03/27/2023
the dealplayerscompscontact
Property Image
LEASED

Mission Capital Leases Office Space At 240 West 40th Street In New York City

240 West 40th Street

See Similar Deals
Office15,100 SF
Leased 03/27/2023
Eric Siegel
Joel Kubie
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$52
Total Square Footage:15,100 SF
Transaction Type:Lease

The office space located at 240 West 40th Street in New York City has been leased in a transaction involving the landlord, Sioni Group, and the tenant, Mission Capital. The lease was completed on 03/27/2023.

Summary of transaction details

  • Property Type: Office
  • Asking Rent: $52/ft
  • Square Footage: 15,100
  • Address: 240 West 40th Street
  • Market: New York City

Daniel Lolai, Eric Siegel, and Joel Kubie from LSL Advisors represented the landlord, Sioni Group, in this lease transaction. Josh Stein, from Norman Bobrow, served as the tenant's representative.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Eric Siegel
LSL Advisors
56 deals$96M volume(732) 615-8506
BROKER

Joel Kubie
Benchmark Properties
23 deals$60M volume(646) 793-9222
BROKER

Josh Stein
CBRE
13 deals$1.2B volume
BROKER

Sioni Group
LANDLORD

Details

LEASED
IMAGE: Daniel Lolai, Eric Siegel, Joel Kubie & Josh Stein DATE: 03/27/2023 ADDRESS: 240 West 40th Street MARKET: New York City ASSET TYPE: Office LANDLORD: Sioni Group (@Sioni_Group) TENANT: Mission Capital (@Mission.Capital) LANDLORD'S REP: Daniel Lolai (@DanLolai), Eric Siegel (@EricSiegelll) & Joel Kubie (@NYC_OfficeSpace) - LSL Advisors (@LSLAdvisors) TENANT'S REP: Josh Stein (@Josh_Aaron5) - Norman Bobrow ASKING RENT: $52/ft ~ SF: 15,100

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Deal Type
Effective Rent (Annual)

$900,143.80

Total Lease Value

$9,001,438.04

Net Landlord Cash Flow$900,143.80