Cinemex Leases 50000 Square Feet At 400 E 62nd St New York From Edison Properties
LEASED
New York
See Similar DealsRetail50,000 SF
Leased 11/15/2016
LEASED
Cinemex Leases 50000 Square Feet At 400 E 62nd St New York From Edison Properties
400 E 62nd St, New York, NY, 10065
See Similar DealsRetail50,000 SF
Leased 11/15/2016
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 400 E 62nd St, New York, NY, 10065. This lease transaction encompasses a total space of 50,000 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 400 E 62nd St, New York, NY, 10065
- Market: New York
- Square Feet: 50,000
- Tenant: Cinemex
- Landlord: Edison Properties
- Tenant's Representative: Marc Frankel - Newmark
- Landlord's Representative: Jesse Wolff - JLL
Marc Frankel from Newmark represented the tenant, Cinemex, while Jesse Wolff from JLL represented the landlord, Edison Properties, in this lease transaction.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,865,969.83
Total Lease Value
$28,659,698.28
Net Landlord Cash Flow$2,865,969.83
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