NFP Corp. Leases 17,500 Sqft Office Space At 521 5th Ave, New York
LEASED
New York
See Similar DealsOffice17,500 SF
Leased 06/26/2018
LEASED
NFP Corp. Leases 17,500 Sqft Office Space At 521 5th Ave, New York
521 5th Ave, New York, NY, 10175
See Similar DealsOffice17,500 SF
Leased 06/26/2018
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:17,500 SF
Transaction Type:Lease
The property asset involved in the transaction is an office space located at 521 5th Ave, New York, NY, 10175. It comprises a total area of 17,500 square feet and is situated within the New York market. The landlord for this transaction is SL Green Realty Corp.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 521 5th Ave, New York, NY, 10175
- Square Feet: 17,500
- Market: New York
- Tenant: NFP Corp.
- Landlord: SL Green Realty Corp.
- Tenant's Representative: Michael Monahan - CBRE
The key individuals involved in the transaction include the tenant NFP Corp., represented by Michael Monahan from CBRE. The landlord SL Green Realty Corp. is responsible for leasing the office space to NFP Corp., marking an important activity in the New York office rental market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,003,089.44
Total Lease Value
$10,030,894.40
Net Landlord Cash Flow$1,003,089.44
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