L&L Holding Company Leases 287000 Square Feet At 522 5th Ave In New York
LEASED
New York
See Similar DealsOffice287,000 SF
Leased 05/02/2022
LEASED
L&L Holding Company Leases 287000 Square Feet At 522 5th Ave In New York
522 5th Ave, New York, NY, 10036
See Similar DealsOffice287,000 SF
Leased 05/02/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:287,000 SF
Transaction Type:Lease
The lease transaction involves a property located at 522 5th Ave, New York, NY, 10036, encompassing a total of 287,000 square feet. The market for this property is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 522 5th Ave, New York, NY, 10036
- Square Feet: 287,000
- Tenant: Not specified
- Landlord: L&L Holding Company
- Tenant's Rep: Matthew Barlow-Savills Studley, Greg Taubin-Savills Studley
- Landlord's Rep: David Berkey-L&L Holding Company, David Levinson
The transaction was facilitated by representatives from Savills Studley for the tenant, and L&L Holding Company’s representatives handled the landlord's interests in the deal, ensuring both parties were adequately represented throughout the negotiation process.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$16,450,666.81
Total Lease Value
$164,506,668.12
Net Landlord Cash Flow$16,450,666.81
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