Pura Vida Investments Leases 4,095 SF Office Space At 545 West 25th Street In Chelsea, Manhattan
LEASED
$70
New York
See Similar DealsOffice4,095 SF
Leased 11/16/2023
LEASED
Pura Vida Investments Leases 4,095 SF Office Space At 545 West 25th Street In Chelsea, Manhattan
545 West 25th Street
See Similar DealsOffice4,095 SF
Leased 11/16/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$70
Total Square Footage:4,095 SF
Transaction Type:Lease
The office space located at 545 West 25th Street in Chelsea, Manhattan has recently been leased. The property, measuring 4,095 square feet, was leased by Pura Vida Investments under a Single Net Lease agreement. The asking rent for the space was $70 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 545 West 25th Street
- Market: Chelsea, Manhattan
- Tenant: Pura Vida Investments
- Landlord: Young Woo & Associates
- Sublandlord: Pace Gallery
- Asking Rent: $70/ft
- Square Footage: 4,095
- Lease Type: Single Net Lease
Representing the landlord, Young Woo & Associates, Michael Segerman from Current Real Estate Advisors facilitated the lease agreement. On the other hand, Lance Leighton and Scott Ansel from JLL acted as the representatives for Pura Vida Investments during the negotiation process.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$328,612.10
Total Lease Value
$3,286,121.00
Net Landlord Cash Flow$328,612.10
Is there something missing? Send suggestions