The Design Gym Leases Office Space In New York To Brause Realty
LEASED
New York
See Similar DealsOffice2,901 SF
Leased 03/05/2021
LEASED
The Design Gym Leases Office Space In New York To Brause Realty
320 5th Ave, New York, NY, 10001
See Similar DealsOffice2,901 SF
Leased 03/05/2021
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:2,901 SF
Transaction Type:Lease
The property at 320 5th Ave, New York, NY, 10001, is an office space comprising 2,901 square feet. The lease for this property was finalized on 03/05/2021 in the New York market. The tenant, The Design Gym, was represented by Matt Hopkins from Vicus Partners, while the landlord in this transaction was Brause Realty.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: The Design Gym
- Square Feet: 2,901
- Tenant's Rep: Matt Hopkins (Vicus Partners)
- Landlord: Brause Realty
The individuals and companies involved in this lease deal are Matt Hopkins from Vicus Partners who represented the tenant, The Design Gym, and Brause Realty, the landlord. The location of this office space, situated in New York, makes it a strategic choice for The Design Gym as they expand their operations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$166,283.57
Total Lease Value
$1,662,835.69
Net Landlord Cash Flow$166,283.57
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