RaySearch Leases 12800 Square Feet At 350 5th Ave New York From Empire State Realty Trust
LEASED
$72
New York
See Similar DealsOffice12,800 SF
Leased 01/15/2018
LEASED
RaySearch Leases 12800 Square Feet At 350 5th Ave New York From Empire State Realty Trust
350 5th Ave, New York, NY, 10118
See Similar DealsOffice12,800 SF
Leased 01/15/2018
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$72
Total Square Footage:12,800 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 350 5th Ave, New York, NY, 10118. It encompasses a total of 12,800 square feet within the New York market. The rent per square foot has been set at 72 dollars.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: 921,600
- Address: 350 5th Ave, New York, NY, 10118
- Market: New York
- Tenant: RaySearch
- Tenant's Representative: Daniel Schwartz (Winslow & Company)
- Landlord: Empire State Realty Trust
Key individuals involved in this lease transaction include Daniel Schwartz representing RaySearch, while the landlord for the transaction is Empire State Realty Trust. This role highlights the representation of the tenant's interests in the deal.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,056,511.12
Total Lease Value
$10,565,111.17
Net Landlord Cash Flow$1,056,511.12
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