Consulate General Of The Republic Of Korea New York Leases Office Space At 445 Park Avenue
LEASED
New York
See Similar DealsOffice43,493 SF
Leased
LEASED
Consulate General Of The Republic Of Korea New York Leases Office Space At 445 Park Avenue
445 Park Avenue
See Similar DealsOffice43,493 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:43493 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 445 Park Avenue, Manhattan, with a total square footage of 43,493. This lease agreement is categorized as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 445 Park Avenue
- Market: Manhattan
- Landlord: Park Avenue Properties Associates
- Landlord's Representative: Jay Futersak
- Tenant: Consulate General of the Republic of Korea New York
- Tenant's Representative: Jeff Yi
This lease transaction features key individuals including the landlord Jay Futersak from Park Avenue Properties Associates and tenant representative Jeff Yi. The transaction reflects a collaboration between the Consulate General of the Republic of Korea New York and Park Avenue Properties Associates.
Players
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,492,992.51
Total Lease Value
$24,929,925.14
Net Landlord Cash Flow$2,492,992.51
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