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JME Imports Leases Office Space At 469 7th Avenue In New York City

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LEASED
$52

New York

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Office17,000 SF
Leased 05/08/2024
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Property Image
LEASED

JME Imports Leases Office Space At 469 7th Avenue In New York City

469 7th Avenue

See Similar Deals
Office17,000 SF
Leased 05/08/2024
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$52
Total Square Footage:17,000 SF
Transaction Type:Lease

The property at 469 7th Avenue in New York City has been leased. The asset is an office with a size of 17,000 square feet. The transaction involved the landlord, Meyer Equities represented by Eric Meyer, and the tenant, JME Imports. The lease was facilitated by brokers Daniel Lolai, Wayne Siegel, and Eric Siegel from LSL Advisors. The asking rent for the property was $52 per square foot under a Modified Gross Lease agreement.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 469 7th Avenue
  • Market: New York City
  • Landlord: Meyer Equities - Eric Meyer
  • Tenant: JME Imports
  • Brokers: Daniel Lolai, Wayne Siegel & Eric Siegel - LSL Advisors
  • Asking Rent: $52/ft
  • Lease Type: Modified Gross Lease

The brokers involved in the deal, Daniel Lolai, Wayne Siegel, and Eric Siegel from LSL Advisors, are currently seeking leasing brokers as indicated in a note from the broker. Those interested can contact Dave at [email protected] or call 516.708.3980 for further information.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Eric Siegel
LSL Advisors
56 deals$96M volume(732) 615-8506
BROKER

Wayne Siegel
LSL Advisors
30 deals$73.4M volume
BROKER

Details

LEASED
IMAGE: Daniel Lolai, Wayne Siegel, Eric Meyer & Eric Siegel DATE: 05/08/2024 ADDRESS: 469 7th Avenue MARKET: New York City ASSET TYPE: Office LANDLORD: Meyer Equities - Eric Meyer TENANT: JME Imports BROKERS: Daniel Lolai (@DanLolai), Wayne Siegel & Eric Siegel (@EricSiegelll) - LSL Advisors (@LSLAdvisors) ASKING RENT: $52/ft ~ SF: 17,000 LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: LSL is Hiring Leasing Brokers. Please contact [email protected] or 516.708.3980

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Deal Type
Effective Rent (Annual)

$1,013,406.93

Total Lease Value

$10,134,069.31

Net Landlord Cash Flow$1,013,406.93