Rob Cavicchio Leases Office Space To Soss House At 25 East 21st Street In Flatiron
LEASED
$50
New York
See Similar DealsOffice4,500 SF
Leased 09/22/2025
LEASED
Rob Cavicchio Leases Office Space To Soss House At 25 East 21st Street In Flatiron
25 East 21st Street
See Similar DealsOffice4,500 SF
Leased 09/22/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$50
Total Square Footage:4,500 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 25 East 21st Street, situated in the Flatiron market of Manhattan. It encompasses a total area of 4,500 square feet with an asking rent of $50 per square foot. The lease term is established for 6 years under a Modified Gross Lease structure.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $50/ft
- Lease Term: 6 Years
- Lease Type: Modified Gross Lease
- Landlord: Rob Cavicchio
- Tenant: Soss House
- Brokers: Christopher Okada, Avery Reavill & Xavier Newton - Okada & Company
The transaction involves Rob Cavicchio as the landlord and Soss House as the tenant, with representation by brokers Christopher Okada, Avery Reavill, and Xavier Newton from Okada & Company, highlighting the collaborative efforts in facilitating this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$257,937.28
Total Lease Value
$2,579,372.85
Net Landlord Cash Flow$257,937.28
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