GDSNY Leases 23,031 SF Office Space To Parloa Inc At 1245 Broadway For $125/ft
LEASED
$125
New York
See Similar DealsOffice23,031 SF
Leased 05/26/2026
LEASED
GDSNY Leases 23,031 SF Office Space To Parloa Inc At 1245 Broadway For $125/ft
1245 Broadway
See Similar DealsOffice23,031 SF
Leased 05/26/2026
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$125
Total Square Footage:23,031 SF
Transaction Type:Lease
The asset involved in the transaction is an office space located at 1245 Broadway in the NoMad market. The property encompasses 23,031 square feet and is available under a Modified Gross Lease, with an asking rent of $125 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $125/ft
- Address: 1245 Broadway
- Market: NoMad
- Landlord: GDSNY
- Tenant: Parloa Inc
- Landlord's Rep: Michael Kirchmann
- Tenant's Rep: Eric Siegel, Daniel Lolai & Chery Anavian - LSL Advisors
- Lease Type: Modified Gross Lease
The deal involved GDSNY as the landlord and Parloa Inc as the tenant, with representation from Michael Kirchmann for the landlord. The tenant's interests were represented by Eric Siegel, Daniel Lolai, and Chery Anavian from LSL Advisors, showcasing a team effort in facilitating the leasing arrangement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,300,307.56
Total Lease Value
$33,003,075.55
Net Landlord Cash Flow$3,300,307.56
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