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Albea Beauty Solutions Leases 13000 Square Feet At 595 Madison Ave From Vornado Realty Trust

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LEASED

New York

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Office13,000 SF
Leased 11/22/2016
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LEASED

Albea Beauty Solutions Leases 13000 Square Feet At 595 Madison Ave From Vornado Realty Trust

595 Madison Ave, New York, NY, 10022

See Similar Deals
Office13,000 SF
Leased 11/22/2016
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:13,000 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 595 Madison Ave, New York, NY, 10022. It consists of a total area of 13,000 square feet, specifically occupying the entire 10th floor of the building. The property is situated in the New York market.

Summary of transaction details:

This lease involves Albea Beauty Solutions renewing its tenancy at the property, having been located there for nearly 20 years. The tenant was represented by Savills Studley's Daniel Horowitz, Jeffrey Peck, and Gary Kerper, while Andrew Ackerman and Edward Riguardi represented Vornado Realty Trust in-house.

Players

Daniel Horowitz
18 deals(212) 326-8684
BROKER



Durst Organization
BROKERAGE


Details

LEASED
IMAGE: 595 Madison Ave, New York, NY, 10022 MARKET: New York TENANT'S REP: Daniel Horowitz(Savills), Gary Kerper(Savills Studley) LANDLORD'S REP: Andrew Ackerman(RXR Realty) TENANT: Albea Beauty Solutions LANDLORD: Vornado Realty Trust SQUARE FEET: 13000

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Deal Type
Effective Rent (Annual)

$745,152.16

Total Lease Value

$7,451,521.55

Net Landlord Cash Flow$745,152.16