An office lease agreement was finalized for the asset located at 45 East 20th Street in Manhattan’s Flatiron District. The asking rent for this 5,000 square foot space was set at $53 per square foot, and the lease encompasses a duration of 10.5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $53/ft
• Square Footage: 5,000
• Address: 45 East 20th Street
• Market: Flatiron District
• Lease Term: 10.5-year lease
• Landlord: Rosen Equities
• Tenant: Nasco Stone + Tile
• Landlord's Representative: Max Koeppell - Koeppell Rosen &
• Tenant's Representative: Elliot Warren - Kaufman Organization

Nasco Stone + Tile is relocating from their previous location at 20 West 22nd Street in Q2 2026, and has committed to the 10.5-year lease, representing a significant move within the market.