Feil Organization Leases Office Space To Maytex Mills At 261 Fifth Avenue In Midtown South, NYC
LEASED
$80
New York
See Similar DealsOffice24,553 SF
Leased 11/17/2022
LEASED
Feil Organization Leases Office Space To Maytex Mills At 261 Fifth Avenue In Midtown South, NYC
261 5th Avenue, New York City, New York 10011, United States
See Similar DealsOffice24,553 SF
Leased 11/17/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$80
Total Square Footage:24,553 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 261 Fifth Avenue in Midtown South. This office lease has a total square footage of 24,553 and an asking rent of $80 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $80/ft.
- Address: 261 Fifth Avenue
- Market: Midtown South
- Landlord: Feil Organization
- Tenant: Maytex Mills
- Brokers: Evan Margolin - JLL, Zev Holzman - Savills
The deal features Evan Margolin representing JLL and Zev Holzman representing Savills, highlighting the involvement of prominent brokerage firms in the leasing process.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,251,781.03
Total Lease Value
$22,517,810.30
Net Landlord Cash Flow$2,251,781.03
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