Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:2,800 SF
Transaction Type:Lease
The property involved in the transaction is located at 499 7th Ave, New York, NY, 10018. This asset encompasses a total of 2800 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: True Religion
- Landlord: Block Building L.L.C
- Tenant's Representatives: Justin Myers - Lee & Associates, Dennis Someck - Lee & Associates
- Landlord's Representatives: Brian Neugeboren, Elliot Zelinger
The representatives for the tenant, Justin Myers and Dennis Someck, are both affiliated with Lee & Associates, while the landlord's side is represented by Brian Neugeboren and Elliot Zelinger. This collaboration reflects the structure of the professionals engaged in facilitating the lease agreement.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$160,494.31
Total Lease Value
$1,604,943.10
Net Landlord Cash Flow$160,494.31
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