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Affinius Capital Signs 12-Year Lease For 24,394 SF Office Space At 277 Park Avenue

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LEASED
$115
Bryan Boisi
Peter Shimkin
+ 1

New York

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Office24,394 SF
Leased 07/10/2023
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LEASED

Affinius Capital Signs 12-Year Lease For 24,394 SF Office Space At 277 Park Avenue

277 Park Ave, New York, NY 10172, USA

See Similar Deals
Office24,394 SF
Leased 07/10/2023
Bryan Boisi
Peter Shimkin
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$115
Total Square Footage:24,394 SF
Transaction Type:Lease

Affinius Capital, a private equity firm, will be relocating its offices to 277 Park Avenue in New York. The firm has signed a 12-year lease for the entire 39th floor, comprising 24,394 square feet, in the building owned by The Stahl Organization. This deal marks an important move for Affinius Capital in expanding its presence in the city.

Summary of transaction details

At the heart of this transaction lies Affinius Capital's decision to lease 24,394 square feet on the 39th floor of the renowned office building, 277 Park Avenue. The Stahl Organization, the landlord, facilitated the agreement, representing a strategic move for both parties involved. The lease term of 12 years indicates Affinius Capital's commitment to establishing a long-term presence in this prime location within the New York market.

Players

David Falk
60 deals
BROKER

Peter Shimkin
Newmark
33 deals$10M volume
BROKER



LANDLORD

Details

LEASED
IMAGE: Bryan Boisi, Mark Boisi, Peter Shimkin & David Falk DATE: 07/10/2023 ADDRESS: 277 Park Avenue MARKET: New York ASSET TYPE: Office LANDLORD: Stahl Organization TENANT: Affinius Capital LANDLORD'S REP: Mark Boisi & Bryan Boisi - Cushman & Wakefield (@CushWake) TENANT'S REP: Peter Shimkin & David Falk - Newmark (@Newmark) ASKING RENT: $115/ft. ~ SF: 24,394 LEASE TERMS: 12-year lease NOTE: Affinius Capital is moving its offices to 277 Park Avenue. The private equity firm has agreed to a 12-year lease for 24,394 square feet on the entire 39th floor of The Stahl Organization's 277 Park.

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Deal Type
Effective Rent (Annual)

$3,215,973.53

Total Lease Value

$32,159,735.27

Net Landlord Cash Flow$3,215,973.53