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InStep Health Leases Office At 307 Fifth Avenue In Midtown Manhattan

Property Image
LEASED
$42

New York

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Office3,826 SF
Leased 03/26/2024
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Property Image
LEASED

InStep Health Leases Office At 307 Fifth Avenue In Midtown Manhattan

307 5th Avenue

See Similar Deals
Office3,826 SF
Leased 03/26/2024
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$42
Total Square Footage:3,826 SF
Transaction Type:Lease

The office space located at 307 Fifth Avenue in Midtown South, Manhattan, was leased out to InStep Health. The property, owned by Elijah Equities, features a total square footage of 3,826 and was leased on a Modified Gross Lease with an asking rent of $42 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 307 Fifth Avenue
  • Market: Midtown South, Manhattan
  • Landlord: Elijah Equities
  • Tenant: InStep Health
  • Broker: Mark Gindi - Gindi Realty Advisors
  • Square Footage: 3,826
  • Lease Type: Modified Gross Lease

Mark Gindi of Gindi Realty Advisors played a crucial role in securing the tenancy with InStep Health at 307 Fifth Avenue. Reflecting on the deal, Gindi emphasized the success of navigating complex negotiations and achieving the client's leasing goals. Additionally, Gindi mentioned that there is additional space available for leasing at the property for those interested in exploring opportunities.

Players

Mark Gindi
Gindi Realty Advisors
Mark Gindi
7 deals(347) 673-0305
BROKER

Details

LEASED
IMAGE: Mark Gindi DATE: 03/26/2024 ADDRESS: 307 5th Avenue MARKET: Midtown South, Manhattan ASSET TYPE: Office LANDLORD: Elijah Equities TENANT: InStep Health BROKER: Mark Gindi (@Gindi_Mark) - Gindi Realty Advisors ASKING RENT: $42/ft ~ SF: 3,826 LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: Reflecting on the deal, Gindi remarked, "Securing the tenancy with InStep Health at 307 Fifth Avenue signifies a strategic win in our leasing initiatives, demonstrating our ability to navigate complex negotiations and deliver successful outcomes aligned with our client's goals." For those interested in exploring leasing opportunities at 307 Fifth Avenue, additional space is available. For more information, please reach out to Mark Gindi at [email protected] https://www.GindiRealtyAdvisors.com/

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Deal Type
Effective Rent (Annual)

$184,215.37

Total Lease Value

$1,842,153.69

Net Landlord Cash Flow$184,215.37