HMG Plus Leases Office Space At 12 West 37th Street In Midtown Manhattan With LSL Advisors And Daniel Breiman's Representation
LEASED
New York
See Similar DealsOffice5,020 SF
Leased 12/23/2021
LEASED
HMG Plus Leases Office Space At 12 West 37th Street In Midtown Manhattan With LSL Advisors And Daniel Breiman's Representation
12 West 37th Street, New York City, New York 10018, United States
See Similar DealsOffice5,020 SF
Leased 12/23/2021
Summary
NEW YORK
Asset Type:Office
Total Square Footage:5,020 SF
Transaction Type:Lease
The recently closed lease transaction involves an office space located at 12 West 37th Street in Midtown. The property, measuring approximately 5,020 square feet, was leased by HMG Plus from Olmstead Properties. The lease terms span a period of 10 years with an asking rent of $44 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 12 West 37th Street
- Market: Midtown
- Landlord: Olmstead Properties
- Tenant: HMG Plus
- Broker: Ray Balas - LSL Advisors & Daniel Breiman
- Asking Rent: $44/ft.
- Lease Terms: 10 Years
The lease transaction was facilitated by Ray Balas of LSL Advisors and Daniel Breiman. They represented the interests of the tenant, HMG Plus, in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$287,743.37
Total Lease Value
$2,877,433.71
Net Landlord Cash Flow$287,743.37
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