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Mind Gym Subleases 2nd Floor Of Office Building In Kips Bay To Expand Operations

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LEASED

New York

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Office14,125 SF
Leased 02/19/2020
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Property Image
LEASED

Mind Gym Subleases 2nd Floor Of Office Building In Kips Bay To Expand Operations

475 Park Ave S, New York, NY 10016, USA

See Similar Deals
Office14,125 SF
Leased 02/19/2020
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:14,125 SF
Transaction Type:Lease

The office property at 475 Park Ave South in Kips Bay was involved in a closed transaction. The property spans a total of 14,125 square feet and was leased by Mind Gym. The landlord of the property is Cohen Brothers. Mind Gym subleased the 2nd floor from Yume. The asking rent for the space was $58 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 475 Park Ave South
  • Market: Kips Bay

In this deal, Mind Gym was represented by Emilie Goldman from SquareFoot, while the landlord, Cohen Brothers, was represented by Joseph Genovesi from Savills.

Details

LEASED
IMAGE: Joseph Genovesi & Emilie Goldman DATE: 02/19/2020 ADDRESS: 475 Park Ave South MARKET: Kips Bay ASSET TYPE: Office TENANT: Mind Gym LANDLORD: Cohen Brothers TENANT’S REP: Emilie Goldman @SquareFoot_ LANDLORD’S REP: Joseph Genovesi @Savills ASKING RENT: $58 SF: 14,125 NOTE: Mind Gym subleased the 2nd floor from Yume. Mind Gym was represented by Emilie […]

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Deal Type
Effective Rent (Annual)

$809,636.48

Total Lease Value

$8,096,364.76

Net Landlord Cash Flow$809,636.48