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New York Cancer & Blood Specialists Leases 35469 Square Feet At YoungWoo & Associates' Radio Tower

Property Image
LEASED
Patrick Steffens
Alexis Odgers
+ 4

New York

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Office35,469 SF
Leased
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Property Image
LEASED

New York Cancer & Blood Specialists Leases 35469 Square Feet At YoungWoo & Associates' Radio Tower

500 West 181st Street

See Similar Deals
Office35,469 SF
Leased
Patrick Steffens
Alexis Odgers
+ 4
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:35469 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 500 West 181st Street in Washington Heights. The lease encompasses 35,469 square feet spread across three floors in the Radio Tower, owned by YoungWoo & Associates. The deal is a 10-year lease agreement.

Summary of transaction details:

The lease transaction will enable New York Cancer & Blood Specialists to establish a new location, anticipated to open in the summer. The deal was facilitated by multiple representatives from Avison Young and Schuckman Realty, indicating a collaborative effort in the brokerage process.

Players

Martin (Marty) Cottingham
8 deals$90.5M volume(347) 237-2200
BROKER

Patrick Steffens
Avison Young
6 deals
BROKER





Details

LEASED
IMAGE: Joel Wechsler, Alexis Odgers, Jeffrey Vacirca, Ari Malul, Bryan Woo, Margarette Lee, Young Woo, Arthur Mirante, Michael Gottlieb, Martin Cottingham & Patrick Steffens DATE: 01/29/2025 ADDRESS: 500 West 181st Street MARKET: Washington Heights ASSET TYPE: Office ~ SF: 35,469 LANDLORD: Bryan Woo - YoungWoo & Associates TENANT: Jeffrey Vacirca - New York Cancer & Blood Specialists (@Team_NYCBS) LANDLORD'S REP: Alexis Odgers (@AlexisOdgers), Joel Wechsler, Martin Cottingham, Michael Gottlieb & Patrick Steffens - Avison Young (@Avison_Young_Global); Arthur Mirante - Savills (@Savills) TENANT'S REP: Ari Malul - Schuckman Realty (@SchuckmanRealty) LEASE TERM: 10-year lease NOTE: New York Cancer & Blood Specialists leased 35,469 square feet across three floors at YoungWoo & Associates' Radio Tower in Washington Heights. The 10-year deal, brokered by Avison Young and Schuckman Realty, will see the cancer treatment center open a new location in the summer. &BloodSpecialists

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Deal Type
Effective Rent (Annual)

$2,033,061.68

Total Lease Value

$20,330,616.76

Net Landlord Cash Flow$2,033,061.68