GMHC Leases 16,727 SF Office Space At 307 West 38th Street With Tenant's Representatives Steven Evans & Cash Bernard
LEASED
$585,445
New York
See Similar DealsOffice16,727 SF
Leased 09/26/2025
LEASED
GMHC Leases 16,727 SF Office Space At 307 West 38th Street With Tenant's Representatives Steven Evans & Cash Bernard
307 West 38th Street
See Similar DealsOffice16,727 SF
Leased 09/26/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$585,445
Total Square Footage:16,727 SF
Transaction Type:Lease
The asset involved in this lease transaction is an office space located at 307 West 38th Street in the Times Square South market. The space has a square footage of 16,727 and the asking rent is set at $35 per square foot. This arrangement falls under a Modified Gross Lease structure.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $35/ft
- Square Footage: 16,727
- Address: 307 West 38th Street
- Market: Times Square South
- Landlord: GMHC
- Tenant's Representative: Steven Evans & Cash Bernard - Platinum Commercial
- Lease Type: Modified Gross Lease
In this lease transaction, Steven Evans and Cash Bernard from Platinum Commercial represent the tenant in this agreement with GMHC, the landlord. Their involvement facilitates the negotiations and details of the lease arrangement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$11,226,277,246.48
Total Lease Value
$112,262,772,464.75
Net Landlord Cash Flow$11,226,277,246.48
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