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Kensington Vanguard National Land Services Leases 13,394 SF Office Space At 41 Madison Avenue

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LEASED

New York

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Office13,394 SF
Leased 11/02/2023
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Property Image
LEASED

Kensington Vanguard National Land Services Leases 13,394 SF Office Space At 41 Madison Avenue

Office13,394 SF
Leased 11/02/2023
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Summary

Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:13,394 SF
Transaction Type:Lease

Robert Steinman of Rudin has secured a 10-year lease with Kensington Vanguard National Land Services for the entire 21st floor of 41 Madison Avenue, a Class A office tower located in Manhattan's Gramercy Park submarket. The lease encompasses 13,394 square feet of space.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Address: 41 Madison Avenue
  • Market: Gramercy Park, Manhattan
  • Landlord: Robert Steinman - Rudin
  • Tenant: Kensington Vanguard National Land Services
  • Brokers: Brett Harvey & Howard Hersch - JLL

Kensington Vanguard National Land Services, a subsidiary of Truist Bank, will occupy the 13,394-square-foot space on the 21st floor of 41 Madison Avenue. The lease agreement was facilitated by brokers Brett Harvey and Howard Hersch from JLL.

Players

Brett Harvey
28 deals$270M volume(212) 372-2099
BROKER


Robert Steinman
Rudin Management Company
11 deals
BROKER

Rudin Management Company
BROKERAGE

Robert Steinman
Rudin Management Company
11 deals
LANDLORD

Details

LEASED
IMAGE: Brian M. Cooper, Brett Harvey & Howard Hirsch DATE: 11/02/2023 ADDRESS: 41 Madison Avenue MARKET: Gramercy Park, Manhattan ASSET TYPE: Office ~ SF: 13,394 LANDLORD: Robert Steinman - Rudin TENANT: Kensington Vanguard National Land Services - Brian M. Cooper BROKERS: Brett Harvey & Howard Hersch - JLL NOTE: Rudin has secured a 10-year, 13,394-square-foot lease with Kensington Vanguard National Land Services, a subsidiary of Truist Bank, for the entire 21st floor of 41 Madison Ave, a Class A office tower in Manhattan's Gramercy Park submarket.

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Deal Type
Effective Rent (Annual)

$767,736.00

Total Lease Value

$7,677,359.97

Net Landlord Cash Flow$767,736.00