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New York City Department Of Health And Mental Hygiene Leases 60476 Square Feet From Citibank

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LEASED

New York

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Office60,476 SF
Leased 08/11/2016
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Property Image
LEASED

New York City Department Of Health And Mental Hygiene Leases 60476 Square Feet From Citibank

One Court Square, New York, NY, 11101

See Similar Deals
Office60,476 SF
Leased 08/11/2016
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:60,476 SF
Transaction Type:Lease

The property involved in this transaction is located at One Court Square, New York, NY, 11101. It spans a total of 60,476 square feet and is situated in the Long Island City market. The landlord of the property is Citibank, while the tenant is the New York City Department of Health and Mental Hygiene.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Disclosed
  • Address: One Court Square, New York, NY, 11101
  • Market: Long Island City
  • Square Feet: 60,476
  • Tenant's Representative: Ellen Israel - JRT Realty Group
  • Landlord's Representative: John Reinertsen - CBRE

Ellen Israel represented the tenant, New York City Department of Health and Mental Hygiene, in the lease transaction. John Reinertsen represented the landlord, Citibank. The transaction was handled effectively with both representatives demonstrating their respective roles in the deal.

Players

Ellen Israel
10 deals
BROKER

John Reinertsen
CBRE
2 deals(718) 289-7720
BROKER

HKS Real Estate Advisors
BROKERAGE


Citibank
LANDLORD

Details

LEASED
IMAGE: One Court Square, New York, NY, 11101 MARKET: Long Island City TENANT'S REP: Ellen Israel -JRT Realty Group LANDLORD'S REP: John Reinertsen -CBRE TENANT: New York City Department of Health and Mental Hygiene LANDLORD: Citibank SQUARE FEET: 60476

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Deal Type
Effective Rent (Annual)

$3,466,447.83

Total Lease Value

$34,664,478.26

Net Landlord Cash Flow$3,466,447.83