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Dovetail Investment Group Leases Office At 40 Exchange Place, Manhattan With GFP Real Estate
LEASED
$45
New York
See Similar DealsOffice3,469 SF
Leased 03/20/2024
LEASED
Dovetail Investment Group Leases Office At 40 Exchange Place, Manhattan With GFP Real Estate
40 Exchange Place
See Similar DealsOffice3,469 SF
Leased 03/20/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$45
Total Square Footage:3,469 SF
Transaction Type:Lease
A 3,469-square-foot office space located at 40 Exchange Place in Manhattan has been leased to Coburn Sheppick of Dovetail Investment Group. The landlord, GFP Real Estate, facilitated the lease with an asking rent of $45 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 40 Exchange Place
- Market: Manhattan
- Tenant: Coburn Sheppick - Dovetail Investment Group
- Landlord: GFP Real Estate
- Broker: Allen Gurevich - GFP Real Estate
- Asking Rent: $45/ft
Dovetail Investment Group, a finance firm, sealed the lease deal for the office space with GFP Real Estate representing the landlord in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$178,956.89
Total Lease Value
$1,789,568.88
Net Landlord Cash Flow$178,956.89
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