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Wellness Center Weiss Wellness Signs 10-Year Lease At 515 Madison Avenue In Midtown East
LEASED
New York
See Similar DealsOffice6,536 SF
Leased 07/25/2023
LEASED
Wellness Center Weiss Wellness Signs 10-Year Lease At 515 Madison Avenue In Midtown East
515 Madison Avenue New York, New York 10022, USA
See Similar DealsOffice6,536 SF
Leased 07/25/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:6,536 SF
Transaction Type:Lease
GFP Real Estate has leased out 6,536 square feet of office space at 515 Madison Avenue in Midtown East. The lease was signed with Weiss Wellness, a wellness center, for a term of 10 years. The space is located on the building's fifth floor.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 515 Madison Avenue
- Market: Midtown East
- Square Footage: 6,536
Weiss Wellness, a wellness center, has secured a 10-year lease for 6,536 square feet of office space at 515 Madison Avenue in Midtown East. The lease was signed with GFP Real Estate. This deal brings together two parties in the real estate market, with GFP Real Estate acting as the landlord and Weiss Wellness as the tenant.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$374,639.58
Total Lease Value
$3,746,395.76
Net Landlord Cash Flow$374,639.58
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