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118 East 40th Street

leased the 74,640 sqft Hotel property in New York for $209 PSF.The deal closed 15 days ago.

  • Location image 118 East 40th Street, New York City, New York 10016, United States
  • Leased Value
    image $209/ft.
  • Asset Type image Hotel
  • Area image 74,640 SF
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This Deal on Social

GROUND LEASE
IMAGE: Jeff Kaplan
DATE: 05/06/2022
ADDRESS: 118 East 40th Street
MARKET: Grand Central
ASSET TYPE: Hotel

BUYER: Republic Investment Company (@JoinRepublic)
SELLER: Meadow Partners

ASKING RENT: $209/ft. ~ SF: 74,640
LEASE TERMS: 99-year

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GROUND LEASE
IMAGE: Jeff Kaplan
DATE: 05/06/2022
ADDRESS: 118 East 40th Street
MARKET: Grand Central
ASSET TYPE: Hotel

BUYER: Republic Investment Company (@JoinRepublic)
SELLER: Meadow Partners

ASKING RENT: $209/ft. ~ SF: 74,640
LEASE TERMS: 99-year

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