Glorious Sun Leases Office & Retail Space At 505 Park Avenue To SPA Dental Group On Upper East Side

The property involved in this closed transaction is located at 505 Park Avenue in the Upper East Side market. It is an office and retail asset with a total square footage of 2,800. The deal took place on September 21, 2021.

Summary of transaction details

• Property Type: Office + Retail
• Address: 505 Park Avenue
• Market: Upper East Side

Glorious Sun is the landlord of the property, while SPA Dental Group is the retail tenant. The tenant was represented by Corey Shuster, Arthur Maglio, and Diana Zisholtz from SZCommercial at DouglasElliman. The landlord, on the other hand, was represented by Michael Azarian and James Ariola from Cushman & Wakefield.

The asking rent for the property was $195 per square foot.