Knotel Leases Office Space At 240 W. 40th St. In Times Square South
LEASED
+ 1
New York
See Similar DealsOffice58,302 SF
Leased 06/08/2022
LEASED
Knotel Leases Office Space At 240 W. 40th St. In Times Square South
240 West 40th Street, New York City, New York 10018, United States
See Similar DealsOffice58,302 SF
Leased 06/08/2022
+ 1
Summary
NEW YORK
Asset Type:Office
Total Square Footage:58,302 SF
Transaction Type:Lease
240 W. 40th St. in Times Square South has been leased to Knotel, an office space provider. The property, with a total square footage of 58,302, was leased by Knotel from the landlord, Sioni Group. The leasing transaction was facilitated by the brokers Eric Siegel, Daniel Lolai, Joel Kubie, and Matt Augarten from LSL Advisors. The asking rent for the space was set at $52 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 240 W. 40th St., Times Square South
- Tenant: Knotel
- Landlord: Sioni Group
- Brokers: Eric Siegel, Daniel Lolai, Joel Kubie, and Matt Augarten - LSL Advisors
- Asking Rent: $52 per square foot
- Square Footage: 58,302
Players
BROKERAGE
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,341,835.46
Total Lease Value
$33,418,354.58
Net Landlord Cash Flow$3,341,835.46
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