New York School Of The Arts Leases 8619 SF At 315 E 62nd St From Olmstead Properties
LEASED
New York
See Similar DealsSchool8,619 SF
Leased 10/04/2017
LEASED
New York School Of The Arts Leases 8619 SF At 315 E 62nd St From Olmstead Properties
315 E 62nd St, New York, NY, 10065
See Similar DealsSchool8,619 SF
Leased 10/04/2017
Summary
NEW YORK
Asset Type:School
Price Per Square Foot:$62
Total Square Footage:8,619 SF
Transaction Type:Lease
The property located at 315 E 62nd St, New York, NY, 10065 encompasses a total of 8,619 square feet. It is situated in the New York market and has a rent rate of $62 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 315 E 62nd St, New York, NY, 10065
- Market: New York
- Tenant: New York School of the Arts
- Landlord: Olmstead Properties
- Tenant's Representative: Kenneth Salzman (Lee & Associates NYC)
This lease involved multiple key parties. The tenant, New York School of the Arts, entered into the agreement with landlord Olmstead Properties, with negotiations facilitated by tenant's representative Kenneth Salzman from Lee & Associates NYC.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$612,604.49
Total Lease Value
$6,126,044.90
Net Landlord Cash Flow$612,604.49
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