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Prime Office Centers Leases 16000 Square Feet From SL Green At 521 5th Ave New York

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LEASED

New York

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Office16,000 SF
Leased 09/08/2015
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LEASED

Prime Office Centers Leases 16000 Square Feet From SL Green At 521 5th Ave New York

521 5th Ave, New York, NY, 10175

See Similar Deals
Office16,000 SF
Leased 09/08/2015
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,000 SF
Transaction Type:Lease

The property involved in this transaction is located at 521 5th Ave, New York, NY, 10175. It is a lease transaction for a space measuring 16,000 square feet within the New York market. The tenant, Prime Office Centers, has signed a 10-year renewal for this property. The landlord is SL Green.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 521 5th Ave, New York, NY, 10175
  • Market: New York
  • Square Feet: 16,000
  • Tenant: Prime Office Centers
  • Landlord: SL Green
  • Tenant's Representative: Alan Friedman, Lee & Associates
  • Landlord's Representative: David Kaufman, Lee & Associates
  • Landlord's Representative: David Kaufman, Atlanta Fine Homes Sotheby's International Realty

Alan Friedman from Lee & Associates represented Prime Office Centers in the renewal deal, while SL Green was represented by David Kaufman from both Lee & Associates and Atlanta Fine Homes Sotheby's International Realty, showcasing an in-house representation approach for the landlord.

Players

Alan Friedman
3 deals$6.1M volume(917) 806-0698
BROKER

David Kaufman
Lee & Associates
9 deals$39.6M volume
BROKER

David Kaufman
Sotheby's International Realty
4 deals$3.4M volume(770) 480-9694
BROKER

SL Green
LANDLORD

Details

LEASED
IMAGE: 521 5th Ave, New York, NY, 10175 MARKET: New York TENANT'S REP: Alan Friedman(Lee & Associates) LANDLORD'S REP: David Kaufman(Lee & Associates), David Kaufman(Atlanta Fine Homes Sotheby's International Realty) TENANT: Prime Office Centers LANDLORD: SL Green SQUARE FEET: 16000

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Deal Type
Effective Rent (Annual)

$917,110.34

Total Lease Value

$9,171,103.45

Net Landlord Cash Flow$917,110.34