BTS USA Leases 11600 SF Office Space At 350 5th Ave From Empire State Realty Trust
LEASED
$72
New York
See Similar DealsOffice11,600 SF
Leased 01/15/2018
LEASED
BTS USA Leases 11600 SF Office Space At 350 5th Ave From Empire State Realty Trust
350 5th Ave, New York, NY, 10118
See Similar DealsOffice11,600 SF
Leased 01/15/2018
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$72
Total Square Footage:11,600 SF
Transaction Type:Lease
The property involved in this transaction is located at 350 5th Ave, New York, NY, 10118. It encompasses a total of 11,600 square feet in the New York market. The rent per square foot is set at $72.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 350 5th Ave, New York, NY, 10118
- Market: New York
- Square Feet: 11,600
- Rent/SF: $72
- Landlord: Empire State Realty Trust
- Tenant: BTS USA
- Brokers: David Dusek - Cushman & Wakefield
David Dusek from Cushman & Wakefield represents the interests of both the tenant, BTS USA, and the landlord, Empire State Realty Trust, in this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$957,463.20
Total Lease Value
$9,574,632.00
Net Landlord Cash Flow$957,463.20
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