Colliers International Represents School Lease At 313 W 125th St, New York
LEASED
$50
New York
See Similar DealsSchool21,684 SF
Leased 05/24/2016
LEASED
Colliers International Represents School Lease At 313 W 125th St, New York
313 W 125th St, New York, NY, 10027
See Similar DealsSchool21,684 SF
Leased 05/24/2016
Summary
NEW YORK
Asset Type:School
Price Per Square Foot:$50
Total Square Footage:21,684 SF
Transaction Type:Lease
The property located at 313 W 125th St, New York, NY, 10027, in New York, is a school spanning 21,684 square feet. The lease agreement for this asset was completed on May 24, 2016, with Real Estate Equities Corporation as the landlord, leasing the space to an undisclosed tenant at a rate of $50 per square foot.
Summary of transaction details:
- Property Type: School
- Transaction Amount: Not specified
- Tenant's Representative: Sheena Gohil (Colliers International), Steven (Steve) Jaray (Colliers International)
- Landlord: Real Estate Equities Corporation
- Rent/SF: $50
- Square Feet: 21,684
The deal involved Sheena Gohil and Steven (Steve) Jaray from Colliers International as the tenant's representatives. Real Estate Equities Corporation acted as the landlord in this lease agreement, showcasing a collaborative effort between the two parties to finalize the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,242,913.79
Total Lease Value
$12,429,137.95
Net Landlord Cash Flow$1,242,913.79
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