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Talon America Leases 5,838 SF Office Space At 489 5th Avenue In Murray Hill, Manhattan
LEASED
$68
+ 1
New York
See Similar DealsOffice5,838 SF
Leased 12/12/2023
LEASED
Talon America Leases 5,838 SF Office Space At 489 5th Avenue In Murray Hill, Manhattan
489 5th Avenue
See Similar DealsOffice5,838 SF
Leased 12/12/2023
+ 1
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$68
Total Square Footage:5,838 SF
Transaction Type:Lease
Talon America has signed a five-year lease for a larger space in Midtown Manhattan. The lease is for 5,838 square feet at 489 Fifth Avenue.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 489 5th Avenue
- Market: Murray Hill, Manhattan
The landlord, Morry Kalimian of Kalimian Equities, has reached an agreement with Talon America for the lease. The tenant's representative, Jason Birk and Steven Marvin from Olmstead Properties, negotiated the deal on behalf of Talon America. The landlord was represented by Erik Harris and Zach Weil from Newmark.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$455,097.67
Total Lease Value
$4,550,976.66
Net Landlord Cash Flow$455,097.67
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