Genesis Motors Leases 40,000 SF Office Space In New York For $275/SF

The property asset involved in this transaction is an office space located at 40 10th Ave, New York, NY, 10014. It has a total square footage of 40,000 and has a rent rate of $275 per square foot, reflecting the dynamics of the New York market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,000,000
• Address: 40 10th Ave, New York, NY, 10014
• Market: New York
• Tenant: Genesis Motors
• Landlord: William Gottlieb Real Estate
• Tenant's Representative: Michael "Mike" Lohan, Richard Nassimi-The Nassimi Group

The deal was represented on behalf of the tenant by Michael "Mike" Lohan and Richard Nassimi from The Nassimi Group. The landlord for this transaction was William Gottlieb Real Estate.