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Glorious Sun Leases Office & Retail Space At 505 Park Avenue To SPA Dental Group On Upper East Side

505 Park Avenue
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This Office property located in NY was leased over 2 years ago. The brokers of the deal were James Ariola, Arthur Maglio, Corey Shuster, and Diana Zisholtz

The property involved in this closed transaction is located at 505 Park Avenue in the Upper East Side market. It is an office and retail asset with a total square footage of 2,800. The deal took place on September 21, 2021.

Summary of transaction details

  • Property Type: Office + Retail
  • Address: 505 Park Avenue
  • Market: Upper East Side

Glorious Sun is the landlord of the property, while SPA Dental Group is the retail tenant. The tenant was represented by Corey Shuster, Arthur Maglio, and Diana Zisholtz from SZCommercial at DouglasElliman. The landlord, on the other hand, was represented by Michael Azarian and James Ariola from Cushman & Wakefield.

The asking rent for the property was $195 per square foot.

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Deals
  • Location
    505 Park Avenue, New York, NY 10022, USA505 Park Avenue, New York, NY 10022, USA
  • Area
    2,800 SF2,800 SF
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

James Ariola

James Ariola

Deals5
Leased5

Agencies

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4186
Volume$167B

Douglas Elliman

Douglas Elliman

Agency
Deals1571
Volume$18.3B

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Deal Summary

LEASE IMAGE: Arthur Maglio, Corey Shuster & Diana Zisholtz DATE: 09/21/2021 ADDRESS: 505 Park Avenue MARKET: Upper East Side ASSET TYPE: Office + Retail LANDLORD: Glorious Sun RETAIL TENANT: SPA Dental Group TENANT'S REP: Corey Shuster (@CoreyShuster), Arthur Maglio & Diana Zisholtz - @MSZCommercial @DouglasElliman LANDLORD'S REP: Michael Azarian & James Ariola - Cushman & Wakefield (@CushWake) ASKING RENT: $195/ft. ~ SF: 2,800

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505 Park Avenue

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