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Payfone Leases 11993 Square Feet At 245 5th Ave New York From The Moinian Group

Property Image
LEASED
Christel Engel
Justin Myers
+ 1

New York

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Office11,993 SF
Leased 04/25/2019
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Property Image
LEASED

Payfone Leases 11993 Square Feet At 245 5th Ave New York From The Moinian Group

245 5th Ave, New York, NY, 10016

See Similar Deals
Office11,993 SF
Leased 04/25/2019
Christel Engel
Justin Myers
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,993 SF
Transaction Type:Lease

The property involved in this transaction is situated at 245 5th Ave, New York, NY, 10016. It amounts to a total square footage of 11,993. The transaction occurred in the New York market.

Summary of transaction details:

This transaction involved key individuals and companies, with Justin Myers and Dennis Someck representing the tenant, Payfone, and Christel Engel along with Gregg Weisser serving as representatives for the landlord, The Moinian Group.

Players

Christel Engel
5 deals(917) 696-3532
BROKER




The Moinian Group
BROKERAGE

Details

LEASED
IMAGE: 245 5th Ave, New York, NY, 10016 MARKET: New York TENANT'S REP: Justin Myers(Lee & Associates), Dennis Someck(Lee & Associates) LANDLORD'S REP: Christel Engel(Colliers International), Gregg Weisser(Moinian Group) TENANT: Payfone LANDLORD: The Moinian Group Landlord SQUARE FEET: 11993

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Deal Type
Effective Rent (Annual)

$687,431.52

Total Lease Value

$6,874,315.23

Net Landlord Cash Flow$687,431.52