Nassimi LLC Leases Office Space In Times Square South, New York City
LEASED
New York
See Similar DealsOffice12,005 SF
Leased 09/03/2021
LEASED
Nassimi LLC Leases Office Space In Times Square South, New York City
550 7th Avenue, Lower Manhattan, New York, NY, USA
See Similar DealsOffice12,005 SF
Leased 09/03/2021
Summary
NEW YORK
Asset Type:Office
Total Square Footage:12,005 SF
Transaction Type:Lease
The office property located at 550 Seventh Avenue in Times Square South has been leased. The transaction took place on 09/03/2021.
Summary of transation details
- Property Type: Office
- Asking Rent: $55/ft.
- Square Footage: 12,005
- Address: 550 Seventh Avenue
- Market: Times Square South
The landlord for this lease is Adler Group. On the tenant side, Nassimi LLC, represented by Kevin Nassimi and Daniel Nassimi, secured the lease. The brokers responsible for facilitating the deal were Daniel Lolai and Michael Heaner from LSL Advisors.
Please note that no further details are available regarding this lease.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$688,119.36
Total Lease Value
$6,881,193.56
Net Landlord Cash Flow$688,119.36
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