facebook
Traded Co logo
Submit

Fendi And Berluti Lease 8000 SF Office Space At 595 Madison Ave, New York

Property Image
LEASED

New York

See Similar Deals
Office8,000 SF
Leased 12/24/2020
the dealplayerscompscontact
Property Image
LEASED

Fendi And Berluti Lease 8000 SF Office Space At 595 Madison Ave, New York

595 Madison Ave, New York, NY, 10022

See Similar Deals
Office8,000 SF
Leased 12/24/2020
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:8,000 SF
Transaction Type:Lease

Located at 595 Madison Ave, New York, NY, 10022, this office space spans 8,000 square feet and was the center of a recent lease transaction involving luxury brands Fendi and Berluti. Following Coach's departure in January, the space quickly found new tenants in Fendi and Berluti, signaling a swift rebound in the luxury corridor. The tenant's representative, Robin Zendell of Robin Zendell & Associates, played a key role in securing this prime location for the renowned brands, with the landlord being Vornado.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Tenant: Fendi and Berluti
  • Square Feet: 8,000
  • Address: 595 Madison Ave, New York, NY, 10022
  • Market: New York
  • Tenant's Rep: Robin Zendell()
  • Landlord: Vornado

After Coach's sudden departure, Fendi and Berluti swiftly swooped in to secure the 8,000-square-foot space at 595 Madison Ave. The deal was successfully negotiated by Robin Zendell from Robin Zendell & Associates, representing the tenants, while Vornado, the landlord, was represented in-house. This transaction not only represents a strategic move for the luxury brands but also showcases the resilience and adaptability of the New York office market.

Players

5 deals$5.2M volume(212) 274-8330
BROKER

Vornado Realty Trust
BROKERAGE

Details

LEASED
IMAGE: 12/24/2020 ADDRESS: 595 Madison Ave, New York, NY, 10022 MARKET: New York ASSET TYPE: Office TENANT'S REP: Robin Zendell() TENANT: Fendi and Berluti LANDLORD: Vornado SQUARE FEET: 8000

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
Effective Rent (Annual)

$458,555.17

Total Lease Value

$4,585,551.72

Net Landlord Cash Flow$458,555.17