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Place Showroom Leases Office Space At 260 West 39th Street In Times Square South

Property Image
LEASED
Joel Kubie
Daniel Lolai
+ 1

New York

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Office10,655 SF
Leased 02/15/2022
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Property Image
LEASED

Place Showroom Leases Office Space At 260 West 39th Street In Times Square South

260 West 39th Street, New York City, New York 10018, United States

See Similar Deals
Office10,655 SF
Leased 02/15/2022
Joel Kubie
Daniel Lolai
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:10,655 SF
Transaction Type:Lease

Place Showroom has leased an office space at 260 West 39th Street in the Times Square South market. The lease was facilitated by Eric Siegel, Joel Kubie, and Daniel Lolai from LSL Advisors.

Summary of transaction details:

  • Property Type: Office
  • Lease Date: 02/15/2022
  • Address: 260 West 39th Street
  • Market: Times Square South
  • Landlord: MJ Orbach Associates
  • Tenant: Place Showroom
  • Brokers: Eric Siegel, Joel Kubie, and Daniel Lolai - LSL Advisors
  • Asking Rent: $42/ft.
  • Square Footage: 10,655

Note from brokers: There are various office spaces available in the building, ranging from 3,000 to 10,000 square feet, including a 5,500 square foot Penthouse with a Private Roof Deck. Ownership is willing to build a brand new high-end installation to specification. For more information, interested parties can reach out to the brokers.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Eric Siegel
LSL Advisors
56 deals$96M volume(732) 615-8506
BROKER

Joel Kubie
Benchmark Properties
23 deals$60M volume(646) 793-9222
BROKER

Meyer Orbach
31 deals$3.3B volume
LANDLORD

LANDLORD

Details

LEASED
IMAGE: Eric Siegel, Joel Kubie & Daniel Lolai DATE: 02/15/2022 ADDRESS: 260 West 39th Street MARKET: Times Square South ASSET TYPE: Office LANDLORD: MJ Orbach Associates TENANT: Place Showroom BROKERS: Eric Siegel, Joel Kubie & Daniel Lolai - LSL Advisors ASKING RENT: $42/ft. ~ SF: 10,655 NOTE FROM BROKERS: 3,000-10,000 sq ft office spaces available in the building including the 5,500 sq ft Penthouse with a Private Roof Deck. Ownership will build a brand new high end installation to spec. Reach out for more info!

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Deal Type
Effective Rent (Annual)

$610,738.17

Total Lease Value

$6,107,381.70

Net Landlord Cash Flow$610,738.17