Elad Group Leases 7000 SF Office Space At 645 Madison Avenue With Titan Golden Property Investor
LEASED
$120
New York
See Similar DealsOffice7,000 SF
Leased
LEASED
Elad Group Leases 7000 SF Office Space At 645 Madison Avenue With Titan Golden Property Investor
645 Madison Avenue
See Similar DealsOffice7,000 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$120
Total Square Footage:7000 SF
Transaction Type:Lease
The property asset involved in this transaction is an office lease at 645 Madison Avenue, located in the Manhattan market. The asking rent is set at $120 per square foot for a total area of 7,000 square feet. The landlord for this lease is Titan Golden Property Investor, represented by Titan Golden.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $120/ft
- Address: 645 Madison Avenue
- Market: Manhattan
- Asset Type: Office
- Lease Type: Office Lease
- Landlord: Titan Golden Property Investor
- Tenant: Elad Group
- Brokers: Marc Sitt & Albert Sultan - KSR
- Square Footage: 7,000
The key individuals involved in this transaction are Marc Sitt and Albert Sultan, who are associated with KSR and represent the tenant, Elad Group. Their role in this deal is essential as they navigate the leasing process between the landlord and tenant, ensuring that the terms are agreed upon and finalized.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$962,965.86
Total Lease Value
$9,629,658.62
Net Landlord Cash Flow$962,965.86
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