RFR Leases Office Space At 475 5th Avenue To Jellycat With Tenant's Representatives From LSL Advisors
LEASED
$95
+ 2
New York
See Similar DealsOffice4,319 SF
Leased
LEASED
RFR Leases Office Space At 475 5th Avenue To Jellycat With Tenant's Representatives From LSL Advisors
475 5th Avenue
See Similar DealsOffice4,319 SF
Leased
+ 2
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$95
Total Square Footage:4319 SF
Transaction Type:Lease
The property asset involved in this transaction is an office lease located at 475 5th Avenue in the Manhattan market. The asset encompasses a total square footage of 4,319, with an asking rent of $95 per square foot under a Modified Gross Lease structure.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $95/ft
- Square Footage: 4,319
- Address: 475 5th Avenue
- Market: Manhattan
- Landlord: RFR
- Tenant: Jellycat
- Landlord's Rep: Rob Weller & Paul Milunec
- Tenant's Rep: Eric Siegel, Raphael (Ralph) Zar & Daniel Lolai - LSL Advisors
- Lease Type: Modified Gross Lease
The key individuals involved in the deal include Rob Weller and Paul Milunec representing the landlord, RFR, while the tenant, Jellycat, is represented by a team from LSL Advisors, comprised of Eric Siegel, Raphael (Ralph) Zar, and Daniel Lolai.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$470,368.70
Total Lease Value
$4,703,687.00
Net Landlord Cash Flow$470,368.70
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