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Oscar Health Leases 80,000 SF At 75 Varick St In NYC With Landlord Trinity Real Estate

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LEASED

New York

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Other80,000 SF
Leased 07/18/2019
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LEASED

Oscar Health Leases 80,000 SF At 75 Varick St In NYC With Landlord Trinity Real Estate

75 Varick St, New York, NY 10013, USA

See Similar Deals
Other80,000 SF
Leased 07/18/2019
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Summary

NEW YORK
Asset Type:Other
Total Square Footage:80,000 SF
Transaction Type:Lease

Josuha Kushner, David Falk, Jason Greenstein, and Peter Shimkin are the key individuals involved in the closed property transaction at 75 Varick St. The property, with a total area of 80,000 square feet, was leased to Oscar Health. The landlord, Trinity Real Estate, was represented by Newmark Knight Frank, with Jason Greenstein and Peter Shimkin acting as the landlord's representatives. The tenant, Oscar Health, was represented by David Falk from Newmark Knight Frank.

Summary of transaction details

  • Property Type: Not mentioned in the CONTEXT
  • Transaction Amount: Not mentioned in the CONTEXT
  • Asking Rent: $80
  • Square Footage: 80,000
  • Term: 10-year
  • Tenant: Oscar Health
  • Landlord: Trinity Real Estate
  • Tenant's Representative: Newmark Knight Frank - David Falk
  • Landlord's Representative: Newmark Knight Frank - Jason Greenstein, Peter Shimkin

Players

David Falk
61 deals
BROKER

Jason Greenstein
Newmark
16 deals
BROKER

Peter Shimkin
Newmark
33 deals$10M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Joshua Kushner, David Falk, Jason Greenstein & Peter Shimkin DATE: 07/18/2019 ADDRESS: 75 Varick St ASKING RENT: $80 SF: 80,000 TERM: 10-year TENANT: Oscar Health LANDLORD: Trinity Real Estate TENANT’S REPRESENATIVE: Newmark Knight Frank – David Falk LANDLORD’S REPRESENTATIVE: Newmark Knight Frank – Jason Greenstein, Peter Shimkin

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Deal Type
Effective Rent (Annual)

$4,585,551.72

Total Lease Value

$45,855,517.25

Net Landlord Cash Flow$4,585,551.72