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Grassi Signs Nine-Year Lease For 25,000 Square Feet At 360 Madison Avenue In Midtown East
LEASED
New York
See Similar DealsOffice25,000 SF
Leased 01/07/2025
LEASED
Grassi Signs Nine-Year Lease For 25,000 Square Feet At 360 Madison Avenue In Midtown East
360 Madison Avenue
See Similar DealsOffice25,000 SF
Leased 01/07/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:25,000 SF
Transaction Type:Lease
360 Madison Avenue is an office asset located in Midtown East, offering an expansive space of 25,000 square feet on the seventh floor.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 360 Madison Avenue
- Market: Midtown East
- Landlord: Axel Stawski - Stawski Partners
- Tenant: Louis Grassi - Grassi
- Broker: Mitti Liebersohn - Savills
Accounting firm Grassi will relocate its New York City headquarters to this address, having signed a nine-year lease.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,432,984.91
Total Lease Value
$14,329,849.14
Net Landlord Cash Flow$1,432,984.91
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