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Xerox Leases 26714 Square Feet At 485 Lexington Ave New York With SL Green Realty Corp

Property Image
LEASED
$72

New York

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Office26,714 SF
Leased 01/27/2017
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Property Image
LEASED

Xerox Leases 26714 Square Feet At 485 Lexington Ave New York With SL Green Realty Corp

485 Lexington Ave, New York, NY, 100...

See Similar Deals
Office26,714 SF
Leased 01/27/2017
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$72
Total Square Footage:26,714 SF
Transaction Type:Lease

The property located at 485 Lexington Ave, New York, NY, is a leased space with an area of 26,714 square feet. The lease rate is set at $72 per square foot, indicating the financial terms of the agreement in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 485 Lexington Ave, New York, NY
  • Market: New York
  • Tenant: Xerox
  • Landlord: SL Green Realty Corp.
  • Tenant's Representative: Conor Denihan (CBRE)
  • Rent/SF: $72
  • Square Feet: 26,714

The transaction reflects the collaborative efforts of Conor Denihan from CBRE, representing the tenant Xerox in this lease agreement, while SL Green Realty Corp. acts as the landlord facilitating the terms of the lease.

Players

Conor Denihan
6 deals(212) 984-8106
BROKER

SL Green
LANDLORD

Details

LEASED
IMAGE: 485 Lexington Ave, New York, NY, 100... MARKET: New York TENANT'S REP: Conor Denihan(CBRE) TENANT: Xerox LANDLORD: SL Green Realty Corp. RENT/SF: 72 SQUARE FEET: 26714

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Deal Type
Effective Rent (Annual)

$2,204,971.72

Total Lease Value

$22,049,717.18

Net Landlord Cash Flow$2,204,971.72