Jay Suites Leases Retail Space At 515 Madison Ave, New York
LEASED
New York
See Similar DealsRetail50,000 SF
Leased 09/07/2018
LEASED
Jay Suites Leases Retail Space At 515 Madison Ave, New York
515 Madison Ave, New York, NY, 10022
See Similar DealsRetail50,000 SF
Leased 09/07/2018
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 a retail asset located at 515 Madison Ave, New York, NY, 10022. The total square footage of the asset is 50,000 square feet. The transaction occurred in the New York market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 515 Madison Ave, New York, NY, 10022
- Square Feet: 50000
- Tenant: Jay Suites
- Landlord: GFP Real Estate
- Tenant's Representative: Richard Doolittle - MHP Real Estate Services
- Lease Date: 09/07/2018
The deal involves key individuals and companies, including the tenant Jay Suites, represented by Richard Doolittle from MHP Real Estate Services. The landlord for this transaction is GFP Real Estate.
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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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