Windsor Management Leases 35,000 SF Office Space In Midtown South At $39/ft
LEASED
$39
New York
See Similar DealsOffice35,000 SF
Leased 06/01/2024
LEASED
Windsor Management Leases 35,000 SF Office Space In Midtown South At $39/ft
256 West 36th Street
See Similar DealsOffice35,000 SF
Leased 06/01/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$39
Total Square Footage:35,000 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 256 West 36th Street in the Midtown South market. The leased area spans 35,000 square feet with an asking rent of $39 per square foot under a Full Service Gross lease agreement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $39/ft
- Address: 256 West 36th Street
- Square Footage: 35,000
- Market: Midtown South
- Landlord: Windsor Management
- Landlord's Representative: Catherine O'Toole & David Scher - Lee & Associates NYC
Lee & Associates NYC acted as the exclusive leasing agent in this transaction and has successfully leased 100% of the property, highlighting the efficiency in filling the available office space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,564,819.53
Total Lease Value
$15,648,195.26
Net Landlord Cash Flow$1,564,819.53
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