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WeWork Leases 52000 Square Feet At 3537 36th St Astoria From Vanbarton Group

Property Image
LEASED
Gregory Smith
Corey Horowitz
+ 1

New York

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Office52,000 SF
Leased 07/28/2015
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Property Image
LEASED

WeWork Leases 52000 Square Feet At 3537 36th St Astoria From Vanbarton Group

3537 36th St, Queens, NY, 11106

See Similar Deals
Office52,000 SF
Leased 07/28/2015
Gregory Smith
Corey Horowitz
+ 1
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:52,000 SF
Transaction Type:Lease

The property involved in this transaction is located at 3537 36th St, Queens, NY, 11106 in the Astoria market. It encompasses a total area of 52,000 square feet. The landlord in this deal is Vanbarton Group, while WeWork is the tenant securing a lease for a duration of 15 years.

Summary of transaction details:

WeWork executed this lease as their first-ever deal for space in Queens, indicating a strategic expansion. The landlord was represented by JRT Realty Group’s Greg Smith and Ellen Israel, alongside Kristen Morgan from JLL and Cushman & Wakefield’s Corey Horowitz and Ethan Silverstein.

Players

10 deals
BROKER

22 deals(212) 812-6043
BROKER


Ellen Israel
JRT Realty Group
10 deals
BROKER

Vanbarton Group
BROKERAGE


WeWork
TENANT

Details

LEASED
IMAGE: 3537 36th St, Queens, NY, 11106 MARKET: Astoria LANDLORD'S REP: Kristen Morgan(JLL), Corey Horowitz(NYC), Ellen Israel(JRT Realty Group), Gregory Smith() TENANT: WeWork LANDLORD: Vanbarton Group Landlord SQUARE FEET: 52000

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Deal Type
Effective Rent (Annual)

$2,980,608.62

Total Lease Value

$29,806,086.21

Net Landlord Cash Flow$2,980,608.62