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KGS-Alpha Capital Leases 22000 Square Feet At 521 5th Ave New York From SL Green Realty

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LEASED

New York

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Office22,000 SF
Leased 10/11/2016
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Property Image
LEASED

KGS-Alpha Capital Leases 22000 Square Feet At 521 5th Ave New York From SL Green Realty

521 5th Ave, New York, NY, 10175

See Similar Deals
Office22,000 SF
Leased 10/11/2016
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:22,000 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 521 5th Ave, New York, NY, spanning 22,000 square feet. This asset is part of a larger 490,000 square foot building owned by SL Green Realty, situated in the New York market.

Summary of transaction details:

KGS-Alpha Capital executed a five-year lease for the third floor of the property. The transaction involved multiple representatives from both parties, including Savills' Christopher Foerch and Daniel Horowitz representing KGS-Alpha Capital, while SL Green Realty was represented by Matthias Li from Cushman & Wakefield.

Players

Matthias  Li
7 deals$10.7M volume
BROKER



SL Green
LANDLORD

Details

LEASED
IMAGE: 521 5th Ave, New York, NY, 10175 MARKET: New York TENANT'S REP: Christopher Foerch(Savills), Daniel Horowitz(Savills) LANDLORD'S REP: Matthias Li(Cushman & Wakefield) TENANT: KGS-Alpha Capital LANDLORD: SL Green Realty SQUARE FEET: 22000

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Deal Type
Effective Rent (Annual)

$1,261,026.72

Total Lease Value

$12,610,267.24

Net Landlord Cash Flow$1,261,026.72