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The Beekman Group Leases Office Space At 530 5th Ave, NY, From RXR Realty

Property Image
LEASED
$85

New York

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Office7,803 SF
Leased 12/01/2017
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Property Image
LEASED

The Beekman Group Leases Office Space At 530 5th Ave, NY, From RXR Realty

530 5th Ave, New York, NY, 10036

See Similar Deals
Office7,803 SF
Leased 12/01/2017
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$85
Total Square Footage:7,803 SF
Transaction Type:Lease

The office property located at 530 5th Ave, New York, NY, 10036 in the New York market has been leased. The landlord, RXR Realty, represented by Michael Leff from Savills, leased the 7803 square feet office space to The Beekman Group. The agreed rent for this transaction is $85 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Landlord's Representative: Michael Leff (Savills)
  • Tenant: The Beekman Group
  • Brokers: Nicholas (Nick) Farmakis (Savills), Michael Leff (Savills)

Nicholas (Nick) Farmakis from Savills and Michael Leff from Savills were the brokers involved in facilitating this lease deal, with Nicholas representing the tenant, The Beekman Group. Notable individuals in this transaction are Michael Leff as the landlord's representative and the brokers Nicholas (Nick) Farmakis and Michael Leff representing the landlord. The lease was finalized on December 1, 2017.

Players

Nicholas (Nick) Farmakis
8 deals(212) 326-1014
BROKER


RXR Realty
LANDLORD

Details

LEASED
IMAGE: 12/01/2017 ADDRESS: 530 5th Ave, New York, NY, 10036 MARKET: New York ASSET TYPE: Office LANDLORD'S REP: Michael Leff(Savills) BROKERS: Nicholas (Nick) Farmakis(Savills), Michael Leff(Savills) TENANT: The Beekman Group LANDLORD: RXR Realty RENT/SF: 85 SQUARE FEET: 7803

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Deal Type
Effective Rent (Annual)

$760,347.53

Total Lease Value

$7,603,475.27

Net Landlord Cash Flow$760,347.53