Club Monaco Signs Lease At 597 Fifth Avenue In Midtown Manhattan
LEASED
New York
See Similar DealsOther13,000 SF
Leased 11/08/2019
LEASED
Club Monaco Signs Lease At 597 Fifth Avenue In Midtown Manhattan
597 5th Ave, New York, NY 10017, USA
See Similar DealsOther13,000 SF
Leased 11/08/2019
Summary
NEW YORK
Asset Type:Other
Total Square Footage:13,000 SF
Transaction Type:Lease
The property at 597 Fifth Avenue in Midtown has been involved in a closed transaction. The tenant, Club Monaco, has leased approximately 13,000 square feet of space. The landlord, Thor Equities, represented by Robert Cohen and Peter Whitenack of Newmark Knight Frank, facilitated the deal.
Summary of transaction details
- Property Type: Not specified
- Transaction Amount: Not specified
- Tenant: Club Monaco
- Landlord: Thor Equities
- Tenant's Rep: Robert Cohen & Peter Whitenack - Newmark Knight Frank
- Address: 597 Fifth Avenue
- Market: Midtown
- Asking RPSF: $1,000
- SF: 13,000
Robert Cohen and Peter Whitenack from Newmark Knight Frank played a crucial role as the representatives of Thor Equities in this deal. They successfully negotiated the lease agreement for Club Monaco.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$745,152.16
Total Lease Value
$7,451,521.55
Net Landlord Cash Flow$745,152.16
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