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Christofferson, Robb & Company Leases 18,800 Square Feet At 680 Fifth Avenue In Midtown Manhattan

Property Image
LEASED
$80
Eric Cagner
Carlee Palmer
+ 2

New York

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Office18,800 SF
Leased 09/03/2024
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Property Image
LEASED

Christofferson, Robb & Company Leases 18,800 Square Feet At 680 Fifth Avenue In Midtown Manhattan

680 5th Avenue

See Similar Deals
Office18,800 SF
Leased 09/03/2024
Eric Cagner
Carlee Palmer
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$80
Total Square Footage:18,800 SF
Transaction Type:Lease

The property involved in the lease transaction is located at 680 Fifth Avenue in Midtown Manhattan. The total square footage of the lease is 18,800 square feet with an asking rent of $80 per square foot. The duration of the lease term is set for 10 years.

Summary of transaction details:

Christofferson, Robb & Company is relocating its headquarters, moving just two blocks south to this new location. The landlord, Josef Buchmann, is represented in this transaction by Carlee Palmer, David Kleiner, and Margaux Kelleher from JLL, while the tenant is represented by David Falk and Eric Cagner from Newmark.

Players

David Falk
59 deals
BROKER

Carlee Palmer
JLL
19 deals
BROKER

Eric Cagner
Newmark
26 deals
BROKER

David Kleiner
JLL
15 deals$7M volume
BROKER

Margaux Kelleher
JLL
10 deals
BROKER

Details

LEASED
IMAGE: Eric Cagner, Carlee Palmer, David Falk Margaux Kelleher & David Kleiner DATE: 09/03/2024 ADDRESS: 680 5th Avenue MARKET: Midtown Manhattan ASSET TYPE: Office LANDLORD: Josef Buchmann TENANT: Christofferson, Robb & Company LANDLORD'S REP: Carlee Palmer, David Kleiner & Margaux Kelleher (@MargauxKelleher) - JLL (@JLL) TENANT'S REP: David Falk & Eric Cagner (@OfficeNYC) - Newmark (@Newmark) ASKING RENT: $80/ft ~ SF: 18,800 LEASE TERM: 10-year NOTE: Christofferson, Robb & Company signed a 10-year lease for 18,800 square feet at 680 Fifth Avenue, moving its headquarters just two blocks south.

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Deal Type
Effective Rent (Annual)

$1,724,167.45

Total Lease Value

$17,241,674.48

Net Landlord Cash Flow$1,724,167.45