Daily limit: 0/10
AdMarketplace Expands Headquarters At 90 Park Avenue In Murray Hill, Manhattan With $60/ft Sublease
LEASED
$60
New York
See Similar DealsOffice39,253 SF
Leased
LEASED
AdMarketplace Expands Headquarters At 90 Park Avenue In Murray Hill, Manhattan With $60/ft Sublease
90 Park Avenue
See Similar DealsOffice39,253 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$60
Total Square Footage:39253 SF
Transaction Type:Lease
The lease at 90 Park Avenue in Murray Hill, Manhattan has allowed adMarketplace, an online advertising platform, to expand its corporate headquarters. The lease is for a sublease office space, doubling adMarketplace's office space to 39,253 square feet. The asking rent for the space is $60 per square foot.
Summary of transaction details
- Property Type: Office
- Address: 90 Park Avenue, Murray Hill, Manhattan
- Market: Murray Hill, Manhattan
- Tenant: adMarketplace
- Brokers: Oren Alexander, Tal Alexander (Official), Roshan Shah (Avison Young)
- Asking Rent: $60 per square foot
- Square Footage: 39,253
- Lease Type: Sublease
The deal was facilitated by Oren Alexander and Tal Alexander, the official brokers, as well as Roshan Shah from Avison Young. The lease agreement allows adMarketplace to expand its operations and enhance its presence in Murray Hill.
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)
$2,699,949.93
Total Lease Value
$26,999,499.28
Net Landlord Cash Flow$2,699,949.93
Is there something missing? Send suggestions