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Avante Price & Eli Taylor-Lemire Of Posh Lease Office Space At 40 Crosby Street From Greg Kraut
LEASED
$8
New York
See Similar DealsOffice22,637 SF
Leased 03/24/2025
LEASED
Avante Price & Eli Taylor-Lemire Of Posh Lease Office Space At 40 Crosby Street From Greg Kraut
40 Crosby Street
See Similar DealsOffice22,637 SF
Leased 03/24/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$8
Total Square Footage:22,637 SF
Transaction Type:Lease
The property asset involved in the transaction is an office space located at 40 Crosby Street in New York City. This lease agreement has a rental rate of $8 per square foot and encompasses a total area of 22,637 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 40 Crosby Street
- Market: New York City
- Tenant: Avante Price & Eli Taylor-Lemire - Posh
- Landlord: Greg Kraut - KPG Funds
- Rent/SF: $8
- Square Feet: 22,637.0
The deal involves key individuals from both sides, with Avante Price and Eli Taylor-Lemire representing the tenant, Posh, while Greg Kraut represents the landlord, KPG Funds.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$207,606.27
Total Lease Value
$2,076,062.69
Net Landlord Cash Flow$207,606.27
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